Skip to main content
July 12, 2020
Question

This is not the original loan I took out, a refinance, OR home equity line of credit

  • July 12, 2020
  • 1 reply
  • 0 views

My home loan was refinanced and afterwards the lender changed all in the same year.  Of the three forms I have to enter, one of them is not any of the three options.  Those options are original loan, a refinance, or home equity line of credit.  Which do I pick?  

    1 reply

    July 14, 2020

    Pick the option that is closest to your original purpose of getting the loan.  The refinance question is there to ensure you are only able to deduct the interest as it relates directly to the loan on the home.  

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"