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New Member
posted Jun 4, 2019 5:43:16 PM

Mortgage was sold to new lender after one month - do I enter $0 for balance on 1/1/19? Or should both mortgage lenders show the same original and remaining loan amounts?

Only the first lender charged points upfront. Both 1098 statements show the same original loan amount and charge same interest rate.

0 2 479
2 Replies
Intuit Alumni
Jun 4, 2019 5:43:17 PM

The balance for the old loan on 01/01/2019 is 0. 

The points on the original loan may be taken the year the loan was originated.

New Member
Jun 4, 2019 5:43:19 PM

Thanks!