Mortgage  Question?
Do You Have to Renew an MCC Every Year?

Do you have to renew a mortgage credit certificate (MCC) every year to receive the tax benefit?

Michael Jensen, Mortgage and Finance Guru
, Mortgage and Finance Guru

Mortgage credit certificates (MCC) are applicable as long as you have your mortgage and live in the home you purchased with the mortgage. After you have received your MCC and your mortgage closes, you do not need to re-apply for the MCC again. If you move out of your home, sell your home and pay off your mortgage or refinance your mortgage then the MCC is terminated and you would need to re-apply for a new MCC. We provide a comprehensive overview of Mortgage Credit Certificates on FREEandCLEAR and we recommend that you contact the housing organization through which you obtained your MCC to address any questions you have.

« Return to Q&A Home
Current Mortgage Rates as of October 23, 2019
  • Lender
  • APR
  • Loan Type
  • Rate
  • Payment
  • Fees
  • Contact
View All Lenders


Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. Click for more information on rates and product details.

About the author

Michael Jensen, Mortgage and Finance Guru

Michael is the co-founder of FREEandCLEAR. Michael possesses extensive knowledge about mortgages and finance and has been writing about mortgages for nearly a decade. His work has been featured in leading national and industry publications. More about Michael

Michael Jensen LinkedInLinkedIn | Email Michael JensenEmail