I used 95% of the refi loan on the house and 5% on debt consolidation. This means 95% of my mortgage interest is deductible? The refi lender only had the loan a few months so the mortgage interest was very small. Do I have to claim a cash out on the lender who bought my mortgage from the refi lender and apply the 95% to that mortgage interest also? My tax review is hanging up on the "Home Mortgage Interest Worksheet".
