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February 12, 2021
Question

In deductions and credits I'm entering info from a 1098. It asks if this loan has been refinanced or if it is the original loan. It is neither. How do I answer?

  • February 12, 2021
  • 1 reply
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This is a refinance of a refinance of the original loan.  But this particular loan is my current loan, and it has not been refinanced.

1 reply

KrisD15
February 14, 2021

If the loan is not the one you got when you bought the house, it is a refinance. 

Once the original loan has been refinanced, that loan, and all loans that come after on that same property for that same owner, is a refinanced loan. 

 

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