On the new lender Form 1098, check the box that says ''I am spreading the points over the life of my loan''. On the next screen, enter the same points information you entered from the original lender last year (you have a new lender, not a new loan) - - Loan date (in 2020), mortgage term (same number you used last year), and the total amount you paid in 2020 (same number you used last year). The information needed to amortize doesn't change, so you can just stop amortizing with the old lender in the same year you start amortizing with the new lender.
On the old lender's Form 1098, mark the box that says ''I have no points to deduct for this loan''. All the points will be amortized with the new lender.
Don't check the box for 'paid off' or refinanced. TurboTax will amortize the points and give you the correct deduction. @annvp
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