The two home runs are spliced together in the panel, going to one breaker so it's not a double fed circuit.
That's not what double fed means.
In your OP you said the black and red were on the same leg.
Then in post #4 you said you were planning to pigtail them, creating a single circuit.
What I'm saying is, and I've seen it a number of times.... say it was originally wired as a mwbc to a receptacle in the living room on the black, then out of that receptacle the black goes out to feed the rest of the living room and entry, and the red circuit goes out to feed the master bedroom and bathroom lights...
Then, a second person wiring the house ran a homerun to the switches at the front door, or maybe they ran a homerun to the toilet room switches...
You would have a double fed circuit. Let's say it was the living room plus entry circuit that got double fed. You would have it fed from the black from the mwbc AND a separate 2-wire circuit to the front door switches.
As long as those two circuits are on the same leg, it's going to work like nothing is wrong. But if somebody goes to work on it and take something apart after turning one of those breakers off, they can get lit up.
Just this week I was doing a panel change out, and I got shocked on the 8/3 double wall oven circuit, coming back. The oven had an auxiliary receptacle on the back for some kind of accessory that was not being used. Apparently, somebody thought they needed to wire for an accessory, so there was also a 12/3 ran. It was mistakenly marked "fridge" on the red and "spare" on the black.
Well, apparently someone thought the wiring for that accessory plug needed to be fed, and they hooked the black from the 12/3 into it. Little did they know, it was internally tapped off the oven wiring from the 8/3
The way it was wired, there was a 240-volt dead short if everything was situated as typical. They got around it by swapping the red and black of the 12/3 to the opposite legs. It didn't blow up. Nobody thought there was any problem. But then I told them they're looking at a time and material bill for me to fix it