AmyC
Expert Alumni

Deductions & credits

Use them both. Usually,  the origination fee covers the cost of processing the loan while the loan origination fee is a fee to create the loan. You can ask your lender for their reasoning.

 

Related:

I bought a house, what can I deduct? 

What deductions can homeowners take?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"