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When we refinanced our home we did not pay points, but there was a $4,000+ fee charged. Can we claim this?

 
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MichaelDC
New Member

When we refinanced our home we did not pay points, but there was a $4,000+ fee charged. Can we claim this?

Unfortunately, these costs are generally not deductible in a mortgage refinance if they're for your residence. Although keep in mind that points sometimes go by other names, including: 

• Loan origination fee
• Maximum loan charge 
• Discount points 
• Loan discount

Typical non-deductible costs may include such things as:

• Appraisal fees 
• Attorney fees 
• Inspection costs 
• Legal and recording fees 

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