No ... unless you are in the business of lending money you do not need to produce a 1098.
I am providing financing for a home. I need to provide the homeowners a 1098 Mortgage Interest Statement.
Again no ... you are not a bank or mortgage company so you do NOT need to file a 1098 ... read the rules.
What you do need to have is an agreed upon amortization schedule and the payer will enter your name, address & tax ID number on their Sch A and you will in turn enter the interest they pay you on your Sch B and enter their name, address & ID number ... this is why you do NOT need to file a 1098.
Thanks for the clarification. I understand now and have found the referenced instructions.
Blank 1098 https://www.irs.gov/pub/irs-pdf/f1098_18.pdf
Instructions https://www.irs.gov/pub/irs-pdf/i1098_18.pdf