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MCC Borrower/Occupant Closing Affidavit Form 101 (All nondependent adult occupants must sign) State of North Carolina County of NCAA Loan Number I, the undersigned, as part of my application for a

How to fill out mcc borrowerco-occupant closing affidavit

How to fill out MCC Borrower/Co-occupant Closing Affidavit:

1. Start by carefully reviewing the MCC Borrower/Co-occupant Closing Affidavit form provided to you.
2. Fill in your personal information accurately, including your full name, address, and contact details.
3. If you are filling out the form as a borrower, provide the loan number and the name of the lender.
4. If you are a co-occupant, indicate your relationship to the borrower and provide their information as well.
5. Verify that the property address listed on the form is correct, ensuring it matches the loan or mortgage documents.
6. Read each statement on the affidavit carefully and answer truthfully. Provide any additional information or explanations as required.
7. Sign and date the affidavit at the designated areas.
8. If you are a co-occupant, make sure the borrower also signs the affidavit.
9. If necessary, have a notary public or authorized individual witness your signature and affix their seal or signature as required.
10. Keep a copy of the completed MCC Borrower/Co-occupant Closing Affidavit for your records.

Who needs MCC Borrower/Co-occupant Closing Affidavit?

1. Borrowers applying for a Mortgage Credit Certificate (MCC) program may need to fill out the MCC Borrower/Co-occupant Closing Affidavit. The MCC program provides eligible first-time homebuyers with a federal income tax credit to help reduce their annual mortgage interest payments. The affidavit helps verify the borrower's eligibility for the program.
2. Co-occupants who will be living in the property with the borrower and potentially benefiting from the MCC program may also need to complete the MCC Borrower/Co-occupant Closing Affidavit. This ensures that all parties involved are aware of their responsibilities and obligations related to the MCC program.

Note: It is important to consult with your mortgage lender or local housing authority to determine if you need to fill out the MCC Borrower/Co-occupant Closing Affidavit and to obtain the most accurate and up-to-date instructions for completing the form.

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What is mcc borrowerco-occupant closing affidavit?

The MCC borrower-co-occupant closing affidavit is a document that certifies the relationship between the borrower and co-occupant during the closing of a mortgage credit certificate (MCC) transaction.

Who is required to file mcc borrowerco-occupant closing affidavit?

Both the borrower and co-occupant are required to file the MCC borrower-co-occupant closing affidavit.

How to fill out mcc borrowerco-occupant closing affidavit?

The MCC borrower-co-occupant closing affidavit should be filled out with accurate information regarding the relationship between the borrower and co-occupant, and signed by both parties in the presence of a notary public.

What is the purpose of mcc borrowerco-occupant closing affidavit?

The purpose of the MCC borrower-co-occupant closing affidavit is to confirm the relationship between the borrower and co-occupant for the MCC transaction.

What information must be reported on mcc borrowerco-occupant closing affidavit?

The MCC borrower-co-occupant closing affidavit must include the names of the borrower and co-occupant, their relationship, and their signatures in the presence of a notary public.