How to Get a Partially Excluded Mortgage

If your previous home was destroyed or condemned, you can use that four years toward a new house. You may be able to get a partial exclusion where you in effect, pro-rate the two year ownership and use things. If you're married, it goes from 500 to 250 now. Or if you're single, it go from 250 to 125. It's not necessarily all or none. Another thing where you get a partial exemption is because of medical reasons.