NRS 645B.305: Requirement that loan include disclosure concerning fees.

A mortgage company shall ensure that each loan secured by a lien on real property for which he or she engages in activity as a mortgage company includes a disclosure:

1. Describing, in a specific dollar amount, all fees earned by the mortgage company;

2. Explaining which party is responsible for the payment of the fees described in subsection 1; and

3. Explaining the probable impact the fees described in subsection 1 may have on the terms of the loan, including, without limitation, the interest rates.