Loan fees that are not "points",or prepaid interest,are deductible as interest on Schedule A.

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Loan fees that are not "points" or prepaid interest are generally not deductible as interest on Schedule A. Instead, they may need to be capitalized and deducted over the life of the loan or under specific circumstances. Points or prepaid interest can be deductible, but other loan fees typically do not qualify as mortgage interest deductions.

Loan Fees That Are Not "Points",or Prepaid Interest,are Deductible as Interest