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Not known Facts About loan points

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Taxpayers can only deduct the full cost of loan points on the acquisition of a residence. If a borrower pays loan points to obtain down the rate over a refinance, the deduction is spread out in excess of the life of the loan. If a borrower arranges a twenty-year refinance, https://bookmarkize.com/story14286379/5-tips-about-stop-foreclosure-you-can-use-today

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