North Carolina permissible fees

For a residential first-lien mortgage loan (home loan) under N.C. Gen. Stat. § 24-1.1A, a lender may charge at closing: loan application, origination, commitment, and rate lock fees; construction loan administration fees; bona fide discount points; assumption fees; appraisal fees; and fees allowed under § 24-8(d) (third-party charges). Additional fees, however denominated, are capped at the greater of 0.25% of the principal or $150. Mortgage broker compensation is permissible as a third-party charge under § 24-8(d) but must be reasonable. For high-cost home loans (§ 24-1.1E), stricter limitations apply, including a points-and-fees cap of 5% of the loan amount (or 8%/$1,000 for small loans). Loans of $300,000 or more are generally exempt from these fee limits under § 24-9.