What if my 1098 Tax Form is incorrect?
If your loan was transferred to DMI or originated in June 2024 or later, please contact DMI directly at 1-855-300-7067 for assistance. If your loan was sold to a provider other than DMI or paid off before June 1, 2024, please click here to complete the form and provide details about the discrepancies. Please allow […]
Why isn’t my joint account holder’s information on the 1098 Tax Form?
The IRS mandates that active loan account with payments be reported only under the name and Social Security Number of the Primary borrower, not the joint account holder(s).
Will I receive more than one 1098 Tax Form in a year?
You should receive a 1098 Tax Form from each company to which you paid reportable mortgage interest or points. You could receive more than one 1098 Tax Form if you refinanced the property during the year, or if servicing on the loan was transferred, and/or if you have multiple properties.
When will I receive my 1098 Tax Form in the mail?
Quontic will mail all 1098 forms by January 31st. Please allow 10–14 business days for delivery via standard postal service
Why is the mortgage interest shown on my Form 1098 different from last year?
The amount of interest you pay may change from year to year, usually because of a change in your interest rate or in the number of payments we received from you during the calendar year. For instance, you may have paid less interest if you modified your loan or received payment assistance through the Homeowners Assistance […]
Why does my Social Security number appear on the 1098 Tax Form?
The Internal Revenue Service (IRS) requires that 1098 Tax Forms be issued under the name and Social Security Number of the Primary borrower for tax reporting purposes.
