I've seen some answers to the refinanced mortgages but never what was selected on the next page. I home was valued at $270,000.00. The I refinanced $160,000.00 and paid off all my bills. The only debt I have is the house mortgage. The next page asked "have you ever pulled cash out from this loan you refinanced?. I did not refinance $270,000.00, merely refinanced and used excess monies to pay off debt. Is that considered a Home Equity Line of Credit? Are they trying to get me to pay taxes on the money that I paid off my bills with?
Thanks in advance.
Cary
