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Deductions & credits
No, qualified mortgage insurance provided by the Department
of Veterans Affairs is commonly known as a funding fee. The funding fee can either
be included in the amount of the loan or paid in full at the time of closing and cannot be deducted in 2017 because it is considered Mortgage Insurance, not points or original fees.
[Edited 17.01.17 22:30PM]
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‎June 6, 2019
8:13 AM