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daver135
Returning Member

Is the Origination Fee (a fixed dollar amount, not a percentage) for a mortgage Refi deductible?

We refinanced our mortgage, and the Closing Disclosure shows an Origination Fee = $1,499 (a flat rate, not based on a percentage), but it is not listed on the 1098. Is that Origination Fee deductible?

1 Reply
Bsch4477
Level 15

Is the Origination Fee (a fixed dollar amount, not a percentage) for a mortgage Refi deductible?

Yes, but you must deduct the amount over the length of the loan. 

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