We recently did a loan assumption. The docs were attorney prepared and she did a Loan Modification Agreement which modified both the loan and the note. There is a separate Assumption Agreement.

Since there was no new note or new deed of trust prepared, I don't see how we can report this as a re-finance and it is certainly not a home purchase.

See D-2 of the GIR: There is no requirement to have a new note and/or DOT in order to be reportable - only a written agreeement (which you have). Can I ask what the purpose is since you've already ruled out purchase?

The purpose of the loan is to purchase for investment property (1-4 family) dwelling. We did report the original loan in 2004. From rereading GIR:D-2, pg 59......it is reportable. Thanks Cowboy and Dan.