These programs provided low-down-payment options that functioned as primary incentives for entry-level buyers in 2017.
: Prior to the 2017 reform, interest on up to $100,000 of home equity debt was deductible regardless of how the funds were used. home buying incentives 2017
The most significant change in 2017 was the passage of the in December, which altered long-term homeownership benefits. Mortgage Interest Deduction (MID) : interest on up to $100
: These remained a key federal-to-state incentive, allowing qualified buyers to claim a direct federal tax credit for a portion of their annual mortgage interest. Government-Backed Loan Programs home buying incentives 2017