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elp010187
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Mortgage sold to new lender is this still consideres the original loan used to purchase the home?

 
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2 Replies

Mortgage sold to new lender is this still consideres the original loan used to purchase the home?

Yes

Mortgage sold to new lender is this still consideres the original loan used to purchase the home?

My resolution:

Put "ending balance" for loan 1(seller of loan) as zero (0) for 2018.

Put  balance for loan 2 (buyer of Mortgage ) as principal balance. (Value is required even though 1098 , box 2 is empty)

Loan Origination dates were the same for both lenders. (This indicates it is a grandfathered loan and not originated in 2018)

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