New Mexico Administrative Code
Title 12 - TRADE, COMMERCE AND BANKING
Chapter 19 - MORTGAGE LENDING
Part 8 - MORTGAGE LOAN COMPANY REQUIREMENTS
Section 12.19.8.11 - FEES

Universal Citation: 12 NM Admin Code 12.19.8.11

Current through Register Vol. 35, No. 18, September 24, 2024

A mortgage loan company shall pay the following fees. These fees are non-refundable and are in addition to any fees established and charged by the nationwide mortgage licensing system and registry.

A. Main office:

(1) application fee: $500.00;

(2) license fee: $500.00;

(3) supervisory fee: $500.00;

(4) annual license renewal fee: $500.00;

(5) annual supervisory renewal fee: $500.00;

(6) reinstatement fee: $250.00;

(7) amendment fee: $50.00.

B. Branch office:

(1) annual branch office fee: $500.00;

(2) reinstatement fee: $250.00;

(3) branch amendment fees: $50.00.

C. Investigation fee: $75.00 per hour, or any fraction of an hour, per examiner or investigator.

Disclaimer: These regulations may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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