Can "Administration Fees" listed under "Origination Charges" on a non-rental home loan closing disclosure document be entered under "Points" for deductions? Not on 1098.

[Kyle_Todd]

-VA Loan.
-My lender did no charge Origination Points.
-Instead they charged an Administration Fee right below the blank Origination Points section.

[ColeenD3 · Accepted solution]

No. Fees for administrative costs are not the same as points. Points are related to the mortgage.

In real estate, a point is an amount equal to 1% of the mortgage. A point on a $120,000 mortgage is worth $1,200, two points are worth $2,400 and so on.

[Critter-3]

https://www.benefits.va.gov/phoenix/pdf/rlc/closing_costs.pdf