131 chapters · 3,637 sections in this title.
N.J.S.A. 17:11C-74 Permitted fees; definitions.
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17:11C-74 Permitted fees; definitions. 24. a. Notwithstanding the provisions of any other law, a residential mortgage lender, incidental to the origination, processing and closing of any mortgage loan transaction, shall have the right to charge only the following fees: (1) applic…
N.J.S.A. 17:11C-75 Prohibited practices, violations.
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17:11C-75 Prohibited practices, violations. 25. The following practices shall be prohibited and a violation of this act with respect to any mortgage loan: a. No person shall use the word "mortgage" or similar word in any advertising, sign, letterhead, business card, or like matte…
N.J.S.A. 17:11C-75.1 Mortgagors to make biweekly, semi-monthly payments, principal payments, allowed.
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17:11C-75.1 Mortgagors to make biweekly, semi-monthly payments, principal payments, allowed. 1. a. A financial institution shall allow mortgagors to: (1) for mortgagors who are in good standing on the mortgage: (a) make biweekly mortgage payments, in which any amount paid in exce…
N.J.S.A. 17:11C-76 Closed-end loan permitted, certain circumstances, interest rates.
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17:11C-76 Closed-end loan permitted, certain circumstances, interest rates. 26. a. Notwithstanding the provisions of R.S.31:1-1 or any other law to the contrary, a residential mortgage lender may make a closed-end loan as a secondary mortgage loan, and may charge, contract for, a…