I wanted to know if the amount stated as Origination Charge in our HUD 1 is tax deductible
801 - Our origination charge Includes Origination Point (% or ) $ 2,471.50
802 802. Your credit or charge (points) for the specific interest rate chosen $ 0
803. Your adjusted origination charges to . (from GFE #A) 2,471.50
Later in the HUD 1 , the above amount is broken into two
Origination Fee - 1197.5 (this appears to be 0.50% of the principal loan amount)
Commitment Fee - 1274. 50
How much of this is tax deductible ?
