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July 27, 2024 Clouds | 83°F
The 193rd General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part II REAL AND PERSONAL PROPERTY AND DOMESTIC RELATIONS
  3. Title I TITLE TO REAL PROPERTY
  4. Chapter 183C PREDATORY HOME LOAN PRACTICES
  5. Section 6 Limitation on financing of points and fees

Section 6

Section 6: Limitation on financing of points and fees

Section 6. A high-cost home mortgage loan shall not include the financing of points and fees greater than 5 per cent of the total loan amount or $800, whichever is greater.