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One mortgage company sold our loan to another bank, would that be considered a yes or no for question inquiring if we paid off or refinanced our loan in 2016

Bought new house in 2016.  Paid points.
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rjs
Level 15
Level 15

One mortgage company sold our loan to another bank, would that be considered a yes or no for question inquiring if we paid off or refinanced our loan in 2016

That's a No. You still have the same loan. The fact that the lender sold it doesn't make it a new loan. You did not pay it off or refinance.

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