State rules / Permissible Fees

New Mexico permissible fees

New Mexico caps broker fees at 6% of the principal loan amount (NMSA 58-21-18). Mortgage lenders may charge reasonable settlement, origination, transaction, and other fees not otherwise prohibited by state or federal law. There is no specific state cap on lender-originated fees beyond the general reasonableness requirement.

Permissible Fees in other states

Researched and verified against primary sources by AI, with the controlling citation above. Not human-reviewed and not legal advice — confirm against the cited source before relying on it. Last updated July 6, 2026.

Stop missing the rule that costs you a loan.