N.M. Admin. Code § 12.19.2.8

Current through Register Vol. 35, No. 23, December 10, 2024

Section 12.19.2.8 - FEES

A mortgage loan originator 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, any approved educational course provider, any approved educational testing provider, any law enforcement agency for finger prints and background checks or by any credit reporting agency used by the nationwide mortgage licensing system and registry:

A. Mortgage loan originator fees:

(1) application fee: $200.00;

(2) license fee: $200.00;

(3) annual renewal license fee: $200.00;

(4) reinstatement fee: $100.00.

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

N.M. Admin. Code § 12.19.2.8

12.19.2.8 NMAC - N, 08/31/09; A, 06/01/10