{"data":{"id":"us-nm/58-21-18","jurisdiction":"us-nm","citation":"58-21-18","heading":"Permissible charges.","body":"In connection with any loan originated, brokered, negotiated or made by a licensee pursuant to the Mortgage Loan Company Act, a mortgage loan company shall not collect, charge or receive broker fees in excess of six percent of the principal amount of the loan. A licensee may charge reasonable settlement, origination, transaction and other fees or charges not otherwise prohibited or limited by applicable state or federal laws.","path":["Chapter 58 - Financial Institutions and Regulations","ARTICLE 21 Mortgage Loan Companies"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18561/index.do","current_through":"2025-01-07","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"a9c518e4825d28860da95f53180d4feeead118db3b2a72f981104efbeb20ae4a","source_id":"us-nm","stale":false,"prev":"us-nm/58-21-17","next":"us-nm/58-21-19"},"notice":"GroundRules: Original legal text. Not legal advice."}