Loan points - An Overview

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Taxpayers can only deduct the complete expense of loan points on the acquisition of the property. If a borrower pays loan points to obtain down the rate with a refinance, the deduction is distribute out over the lifetime of the loan. If a borrower arranges a 20-year refinance, they could https://wildbookmarks.com/story14332364/stop-foreclosure-things-to-know-before-you-buy


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