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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?
‎July 14, 2020
3:02 PM