We sold our home in August and subsequently bought a new home. We have the original mortgage 1098 from the first home, the second 1098 from the first mortgage company, and now a third 1098 from a company the second mortgage was sold too. The questions asked by TT are:
1) Where it asks about points there are 4 boxes that could be chosen (new loan on which I paid points, I bought or improved my main home with this loan, I'm spreading out points, or I have no points) what should I choose for each of the mortgages?
2) Two questions later it asks, Is this the original loan you took out to purchase this property? How should I answer that one for each mortgage?
It seems like I can answer exactly the same for each one. Would appreciate any clarifications.
Best,
TonyH
