Effective January 1, 2021

New Mexico Gross Receipts Tax is applicable on all fees

 

Disbursement fees (for one payee)

$1.00 - $1,000.00 $ 9.00

$1,001.00 - $5,000.00 $ 13.00

$5,001.00 - $10,000.00 $ 15.00

$10,001.00 and over 0.2%

Taxes/Insurance per month $ 4.00

Taxes and/or Insurance $ 6.00

Disbursement for each additional payee $ 4.00

 

Other fees

Set-up no charge

Assignments/Assumptions $ 35.00

Modifications/Addendums $ 35.00

Closeout (payoff/defaults) $ 35.00

Withdrawals $ 150.00

Special handling negotiable

Research negotiable

Archive retrieval $ 20.00

Returned check $ 30.00

VOMs (excluding Realtors) $ 25.00

Payoff statements (first one free) $ 20.00

Holding documents/Inactive accounts (yearly) $ 120.00

ACH withdrawal per payment $ 4.00

Advice of payment to owner $ 2.00

Amortization $ 10.00

Stop payments $ 15.00

Reissue of check $ 5.00