Hi Dave thank you so much for the reply. So based on what you described, the loans have their limitation separately. However when I was reading the rules of IRS I noticed https://www.irs.gov/publications/p936#:~:text=The%20dollar%20limits%20for%20the%20second%20and%20thi....
it seems to indicate that the limitation applies to loans combined. (For me the new home is main home, and previous home is second home). Am I missing anything?
