Question

 Are origination fees tax deductible?

Answer When purchasing a mortgage or refinancing one, many borrowers look to deduct some of the closing costs from their tax bill. However, the only cost associated with a mortgage closing that is tax ded... Read More »
http://www.answerbag.com/q_view/1931707

Top Q&A For: Are origination fees tax deductible

Are origination fees on reverse mortgages set by fha?

The origination fee associated with a reverse mortgage is set by the originating lender, which may or may not be FHA. However, if the borrower is purchasing a FHA reverse mortgage, the origination ... Read More »
http://www.answerbag.com/q_view/2051328

Are origination points tax deductible?

Origination points refer to money paid by borrowers to cover the costs of taking out a mortgage. These points are not deductible on your income taxes, according to Bankrate, because they would othe... Read More »
http://www.answerbag.com/q_view/2050596

Is a loan origination fee tax deductible?

In the event of a purchase of a mortgage, a borrower may deduct any points paid to reduce the interest rate from his taxes. However, any funds paid towards the loan origination fee, or origination ... Read More »
http://www.answerbag.com/q_view/1921136

Are FHA Funding Fees Tax Deductible?

The Federal Housing Administration (FHA) requires a funding fee, more commonly known as a Mortgage Insurance Premium (MIP), at the time of closing. This premium ensures a lender that the loan will ... Read More »
http://www.ehow.com/info_8508764_fha-funding-fees-tax-deductible.html


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