Applications and Forms

MCC INFORMATION

• MCC Brochure
• MCC and RMCC Manual 2013
  

PARTICIPATING LENDERS BROKERS LIST (MCC & RMCC)

• Lender List   (May 2013)

Lender/Broker PARTICIPATION AGREEMENTS

• MCC Lender_Broker Agreement 2012.pdf
• RMCC Lender Participation Agreement 2012.pdf

MCC PROGRAM FORMS

Phase I. MCC Reservation (Submit to County BEFORE the Close of Escrow)

1. $500 Application Fee, made payable to the County of Santa Clara
2. Executed Purchase Contract 
3. Copy of 1003 Loan Application
   
4. MCC-013 Checklist/Transmittal Form
   
5. MCC-003 MCC Application Affidavit
   
6. MCC-007 MCC Commitment/Reservation Form
   
7. MCC-015 Potential Recapture Tax Notice
   
8. MCC-016 Method to Compute Recapture Tax
   
9. MCC-004 No-Income Affidavit (Use only if the co-borrower or household member over age 18 has no income).
10. Income Tax Affidavit (MCC-006)   (Use only if tax returns were not filed with the IRS

(If the MCC application is complete and the applicant qualifies, the County will issue an MCC Commitment/Reservation and email it to the Loan Officer who submitted the MCC application.)

Next--

Submit the following documents to the County after the Loan Officer has received the MCC Commitment/Reservation and the loan/ escrow has closed:

Phase II. Post Closing (Submit to County after the Close of Escrow)

1. MCC-009 Lender's Closing Certificate
   
2. MCC-008 Borrower's Closing Affidavit
   
3. MCC-005 Seller's Closing Affidavit July
4. Copy Final HUD-1 Settlement Statement
5. Copy Promissory Notes

Once the County has received the above documents, the County will issue the Final MCC Certificate and mail it directly to the homebuyer and a copy to the Funding Lender.

1. RMCC-013 Checklist / Transmittal Form

2. RMCC-003 Application
3. RMCC-002 Frequently Asked Questions
4. RMCC-019 Ownership Change Addendum
5. RMCC-009 Lender's Closing Certificate
6. RMCC Exhibit A
1. RMCC Amort Table for Exhibit A
7. RMCC -015 Notice of Potential Recapture Tax
8. HUD-1 Final Settlement Statement
9. Copy of new Promissory Note
10. Copy of 1003 Loan Application
11. Copy of Preliminary Title Report
12. Copy of new Deed of Trust
13. Copy of last MCC or RMCC issued
14. $350 Application Fee, made payable to the County of Santa Clara