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Deductions & credits
Yes answer "Yes" to the question on the original loan asking if this is the most recent. You would also answer "Yes" to that question for the most recent loan. They are two separate loans.
The most recent loan you will select "HELOC" for the type of loan when asked and then you will be asked how you used the loan proceeds. If you answer "no, not all of the proceeds were used on the home secured by the loan," then you will be asked details about the portions used on the home secured by the loan and payoff or loan balance info.
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‎February 18, 2023
12:47 PM