☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 7, 2019 3:38:36 PM

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.

0 1 532
1 Replies
Level 15
Jun 7, 2019 3:38:37 PM

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.