I refinanced my mortgage with the same lender. I have two 1098. How to answer the question: "Is this loan a home equity line of credit or a loan you've ever refinanced?"
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1 Best answer
AmyC
Expert Alumni
Feb 26, 2021 4:51:40 PM
The first loan was an original loan used to buy the home. The second loan was a refinance of the first loan. On the second mortgage, you would answer yes.
1 Replies
AmyC
Expert Alumni
Feb 26, 2021 4:51:40 PM
The first loan was an original loan used to buy the home. The second loan was a refinance of the first loan. On the second mortgage, you would answer yes.