Purchased new house 6.30.2016, Points listed on my 1098, can I also add origination processing fee?

bboudr · ‎June 6, 2019

IsabellaG · ‎June 6, 2019

Yes, if the origination processing fee is considered interest, and it's not already included as part of the points on the 1098.

The fees can't be paid in place of amounts that ordinarily are stated separately on the settlement statement, such as appraisal fees, inspection fees, title fees, attorney fees, and property taxes, and they must be computed as a percentage of the principal amount of the mortgage.

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View solution in original post

IsabellaG · ‎June 6, 2019

Yes, if the origination processing fee is considered interest, and it's not already included as part of the points on the 1098.

The fees can't be paid in place of amounts that ordinarily are stated separately on the settlement statement, such as appraisal fees, inspection fees, title fees, attorney fees, and property taxes, and they must be computed as a percentage of the principal amount of the mortgage.

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

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Purchased new house 6.30.2016, Points listed on my 1098, can I also add origination processing fee?