{"data":{"id":"us-nj/n.j.-stat.-46-10b-10","jurisdiction":"us-nj","citation":"N.J. Stat. § 46:10B-10","heading":"Interest rate;  points","body":"Except as otherwise provided by law, no mortgage loan shall be made at an interest rate in excess of the rate authorized by section 31:1-1 of the Revised  Statutes.  The charging of points in connection with a mortgage loan is  prohibited.  For the purposes of this act,  \"points\"  means an amount of money  or other consideration paid for the making of a mortgage loan, other than  interest payable pursuant to the terms of the mortgage loan, but does not  include any such sum paid pursuant to a statute of this State or of the United  States, nor does it include reasonable expenses and charges.\nL.1968, c. 54, s. 10, eff. June 6, 1968.","path":["TITLE 46 PROPERTY"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"efd6d661b4f24519c976eb5ea3ef4c6227934ee35242bde40ed2d2850144d2ac","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-46-10b-9","next":"us-nj/n.j.-stat.-46-10b-11"},"notice":"GroundRules: Original legal text. Not legal advice."}