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Current mortgage is a refinance. How to answer question in Deductions section about refinancing
Here's the TurboTax Question: Is this (mortgage) loan a home equity line of credit or a loan you've ever refinanced?
Current loan was a refinance after paying down the principal with money from sale of previous house. Current mortgage is held by a different company than the original mortgage.
So... This current loan has never been refinanced. But it is also not the original loan to buy the home. So neither of the3 options seem correct.
Current loan was a refinance after paying down the principal with money from sale of previous house. Current mortgage is held by a different company than the original mortgage.
So... This current loan has never been refinanced. But it is also not the original loan to buy the home. So neither of the3 options seem correct.
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‎June 1, 2019
10:03 AM