Which of the following fees are lenders allowed to charge under New Jersey law?

In New Jersey, under the Residential Mortgage Lending Act, lenders are permitted to charge specific fees associated with the loan process, and one of those allowed fees is the application fee. This fee is typically charged to cover the costs associated with processing the loan application, including but not limited to verifying the borrower's financial information and assessing creditworthiness.

Charging application fees is common and generally accepted as they help ensure that lenders can recoup some of the costs expended in reviewing applications. It is important for both lenders and borrowers to be aware of what is permissible under relevant state laws, and in this case, the application fee aligns with those legal provisions.

While fees like late payment fees, property management fees, and loan servicing fees may have certain conditions or limitations under New Jersey law, they are not universally permissible in all situations and require compliance with specific guidelines. Therefore, the application fee stands out as clearly allowed under the state's regulations, making it the correct choice in this context.