SKRC
New Member

Home loans

I bough a home with a $622K loan in 920/18.  I refinanced the home with a broker in 9/2019 and loan amount $484K.  Broker sold to a lender in 10/2019 with loan amount $482K.  This is the original purchase money being refinanced with no money taken out and the loan amounts less each time.

 

Turbo tax asks if the average loan balance exceeds $750K.  I answer no, because it did not.  Turbo Tax auto corrects to yes and I cannot get the correct response to save.  What am I doing wrong?