Nebraska permissible fees

Nebraska law generally permits mortgage brokers and lenders to charge fees that are reasonable and necessary. Permissible fees include origination fees, appraisal fees, credit report fees, title services, recording fees, and other actual charges incurred in making the loan, as listed in Neb. Rev. Stat. § 45-740(m). There are no specific statutory caps on these fees for standard first-lien residential mortgage loans, except that reverse mortgage origination fees are capped at 2% of appraised value. The same reasonableness standard applies to both mortgage bankers (lenders) and mortgage loan originators (brokers), and the statute does not differentiate between fees charged by brokers versus lenders.