Florida Statutes
Fla. Stat. § 494.0074 (2025)
Lender fees and charges.
✓ 2025 Florida Statutes — current through the 2025 Regular Session
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494.0074 Lender fees and charges.—
(1) In a mortgage financing transaction, fees designated as loan origination fees, up to 4 percent of the face amount of the loan or line of credit, are not considered interest or finance charge under chapter 687.
(2) In a mortgage finance transaction, fees designated as loan origination fees, up to 10 percent of the face amount of the loan or line of credit, are not considered interest or finance charges under chapter 687 if such licensee sells or assigns the loan to another person within 90 days after the date the loan was funded.