If you are making your mortgage payments to an individual rather than a bank or mortgage company: You will enter the name of the person that holds themortgage. Continue, and you’ll see ascreen Do any of these uncommon situations apply to your loan with (person’sname)? See the screenshot below. Check The seller is financingthis loan and we didn't receive a 1098. Next, you enter the name, address, and Social Securitynumber of the seller. Next, you’ll enter the mortgage interest paid, outstandingmortgage principal as of 1/1/2016, and mortgage origination date.

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What if my mortgage is an owner carry

Forum|Forum|7 years ago
June 1, 2019
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Best answer by IsabellaG

If you are making your mortgage payments to an individual rather than a bank or mortgage company:

You will enter the name of the person that holds the mortgage. Continue, and you’ll see a screen Do any of these uncommon situations apply to your loan with (person’s name)? See the screenshot below.

Check The seller is financing this loan and we didn't receive a 1098.

Next, you enter the name, address, and Social Security number of the seller.

Next, you’ll enter the mortgage interest paid, outstanding mortgage principal as of 1/1/2016, and mortgage origination date.

IsabellaGAnswer

Employee

If you are making your mortgage payments to an individual rather than a bank or mortgage company:

You will enter the name of the person that holds the mortgage. Continue, and you’ll see a screen Do any of these uncommon situations apply to your loan with (person’s name)? See the screenshot below.