Mortgage Interest & Closing Fees State Law Survey

Summary

This survey addresses the determination and negotiation of interest terms, rates, and closing fees, including settlement costs and assumption fees. It includes standard mortgage interest term provisions, including the negotiability of rates by contract, general rate maximums and / or loan-specific rate maximums, limits on third-party fees, and limits on assumption fees. The survey covers all 50 U.S. states, the District of Columbia, Guam, Puerto Rico, and the U.S. Virgin Islands.