I am taking out an FHA 15 year fixed mortgage. I am being charged 1% loan origination, a 700 processing fee, a 700 underwriting fee, and the standard title costs, and government transfer fees. I am getting 4.25% rate. Also, I am paying 1% FHA Up Front Mortgage Insurance Fee. I know that I can deduct the 1% loan origination fee over the life of the loan. Is anything else tax deductible? I live in Indiana if that makes a difference. The processing and underwriting fees are paid to the bank along with a $ 295 warehouse fee and $ 150 admin fee. Please let me know what fees both to the bank and if any other title fees are tax deductible.
Thank you for all your help.