ron11
New Member

Closing Disclosure: “Origination Fees” or “Origination Charges”?

Origination charges not shown on 1098, so I’m referring to my Closing Disclosure.  Some articles/posts use the terminology “Origination Fees” or “Origination Charges”.  Turbo Tax asks for “Origination Charges”. Under my Closing Disclosure, “Origination Charges” include Condo Review fee, Extended Lock fee, Loan Administration fee, Loan Origination fee, non-refundable application fee and Processing fee.  Can I deduct this $##,### “Origination Charges” number or is it just the $#,### “Loan Origination fee” number?  I’m confused with which one to input in Turbo Tax.