Login

Why is only one borrower listed on the year-end statement?

IRS regulations state: The payer of record is defined as the principal borrower. Even though there may be more than one borrower on the mortgage, the IRS requires Homepoint to prepare the 1098 only for the payer of record. If desired, you should consult a tax advisor, accountant, or tax attorney to determine how you can separate the total interest paid if the primary borrower and co-borrower are filing separate tax returns.

2211 Old Earhart Road, Suite 250
Ann Arbor, MI 48105
Toll Free: (800) 686-2404
wecare@homepointfinancial.com
NMLS# 7706
nmlsconsumeraccess.org

Trouble paying your mortgage?Impacted by a natural disaster?
Equal Housing Lender

© Home Point Financial Corporation d/b/a Homepoint NMLS No. 7706 is an Equal Housing Lendernmlsconsumeraccess.org. Home Point Financial Corporation does not conduct business under the name, “Homepoint” in KY, LA, NY, WY. In these states, the company conducts business under the full legal name, Home Point Financial Corporation. 2211 Old Earhart Road, Suite 250, Ann Arbor, MI 48105. Toll-Free Tel: (888) 616-6866. HPC Insurance Agency LLC No. 0M77298. For Licensing and Disclaimers visit www.homepointfinancial.com/about-us/licenses.

This site is not authorized by the Nevada Division of Mortgage Lending or the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the States of Nevada or New York can be facilitated through this site.