Loan points Things To Know Before You Buy

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Taxpayers can only deduct the full expense of loan points on the purchase of the home. If a borrower pays loan points to obtain down the rate on the refinance, the deduction is unfold out around the life of the loan. If a borrower arranges a 20-year refinance, they will https://bookmarkja.com/story15394774/the-smart-trick-of-loan-points-that-no-one-is-discussing


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