Reissue Mortgage Credit Certificate (RMCC)
For lenders and current MCC homeowners who refinance their mortgage
When a homeowner using an MCC refinances their mortgage, they must get a Reissue Mortgage Credit Certificate (RMCC) to replace their original MCC.
Since the mortgage interest rate changes, the MCC tax credit must be recalculated.
How an RMCC works
- If it is not your first refinance, the lender must provide a Master Settlement Statement and the payoff statement from the first payoff.
- The lender sends the digital files through DAHLIA.
- If the RMCC application is not received in 1 year, the IRS will cancel the tax credit.