Form MCC 10 Page 1 of 3
MORTGAGE CREDIT CERTIFICATE
PROGRAM REISSUANCE AFFIDAVIT
he undersigned, acknowledge and understand that this Affidavit will be relied upon for purposes of
determining my eligibility for a Reissued Mortgage Credit Certificate (MCC). I acknowledge that a
material misstatement negligently made in this Affidavit or in any other statement made by me in
connection with the MCC will constitute a federal violation punishable by a fine of up to $1,000; and a
material misstatement fraudulently made in this Affidavit or in any other statement made by me in
connection with the MCC will constitute a federal violation punishable by a fine of $10,000.00,
revocation of the Certificate, and any other criminal penalty imposed by law.
I have previously been issued a Mortgage Credit Certificate (MCC) or one or more Re-issued MCCs,
the original of the most recent Certificate of which is attached to this Affidavit.
Original Purchase Closing Date of Initial Mortgage ________________________________________
Original Certified Indebtedness Amount ________________________________________
Maturity Date of Original Mortgage ________________________________________
Name of Mortgagor(s) ________________________________________
I have subs
equently refinanced the mortgage loan for which the above referenced MCC applied.
Date of Closing of Refinancing ________________________________________
Principal Balance Owed on Prior Mortgage ________________________________________
New Mortgage Amount ________________________________________
I certify with respect to my request for a Reissued MCC as follows:
1. The proper
ty for which I am requesting a Reissued MCC is the same property for which I was
previously issued a MCC, and such property continues to be my principal residence.
2. I understand that my existing MCC or RMCC no longer will be in effect for interest payable on
the new mortgage. If I receive a Reissued MCC, it will entirely replace my existing MCC as of
the date of the refinancing.
3. I unders
tand that the Reissued MCC cannot be for a Certified Indebtedness Amount which is
greater than the Certified Indebtedness Amount remaining on my previous mortgage on the
date of the most recent refinancing, after giving effect to principal amortization attributable to
that amount nor greater than the amount attributable to the original mortgage. The balance
owed on my prior mortgage shown above is accurate and may be relied upon by the Authority
to establish the certified indebtedness amount on the Reissued MCC.