Sanity checking which mortgage fees are deductible as "points" (OID).
I'm pretty sure that the 1% "Loan Origination Fee" is, but what about a
0.25% "Escrow Waiver Fee"?Thanks!
- posted
14 years ago
Sanity checking which mortgage fees are deductible as "points" (OID).
I'm pretty sure that the 1% "Loan Origination Fee" is, but what about a
0.25% "Escrow Waiver Fee"?Thanks!
The buyer generally can deduct HUD-1 Form Lines 801 and 802 only, as points.
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