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Level 2
June 1, 2019
Solved

Origination charges

  • June 1, 2019
  • 4 replies
  • 21 views
Are origination charges the same as points? If so do I include all charges listed on contract under origination charges?
Best answer by MargaretL

Yes, origination charges are the same as points. They are included on lines 801 and 802 on the  (HUD) statement.  Other closing documents may have different lines... And yes, you do include the amounts as your deduction. 

 

4 replies

MargaretL
MargaretLAnswer
Level 12
June 1, 2019

Yes, origination charges are the same as points. They are included on lines 801 and 802 on the  (HUD) statement.  Other closing documents may have different lines... And yes, you do include the amounts as your deduction. 

 

Level 2
June 1, 2019
There is no line 802 and 802