Taxpayer obtained a Mortgage Credit Certificate (20%) through a state-sponsored first time home buyer program in
2007. Taxpayer wants to refinance for a lower interest rate, but doing so will terminate the MCC
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and the state can't/won't reissue an MCC for the new loan. If Taxpayer can convince the mortgage holder to reduce the interest rate on the existing loan (no new money, no other change in terms, same loan/account number), will the originally issued MCC remain in effect?