Loan Administration Fee

Who is responsible for this fee?

Financial institutions that charge an administrative fee for non-real property loans or secondary mortgage loans can choose whether to deposit a portion of each administrative fee with the Comptroller. If your financial institution chooses to remit the loan administration fee, please use Form 35-100, Texas Loan Administration Fee Return (PDF).

Rates

• $.50 of each administrative fee charged for a secondary mortgage loan
• $1.00 of each administrative fee charged for a non-real property loan

Due Date

Quarterly: last day of the month following the end of the calendar quarter

Penalties and Interest

Penalties

• If tax is paid 1-30 days after the due date, a 5 percent penalty is assessed.
• If tax is paid over 30 days after the due date, a 10 percent penalty is assessed.

Interest

• Past due taxes are charged interest beginning 61 days after the due date.
• To calculate interest on past due taxes, visit Interest Owed and Earned.

Reporting and Payment Requirements

Select the amount of taxes you paid in the preceding state fiscal year (Sept. 1 – Aug. 31) to find the reporting and payment methods to use.

Less than $500,000

Select one of these reporting methods:

• Webfile
• Tax Forms

Select one of these payment methods:

• Web Electronic Funds Transfer (EFT) or credit card via Webfile (American Express, Discover, Mastercard and Visa)
• TEXNET
• Check

$500,000 or more

Select one of these reporting methods:

• Webfile
• Tax Forms

TEXNET is the only acceptable payment method.

Need Help?

For questions other than those about form completion, please contact:

Office of Consumer Credit Commissioner
2601 N. Lamar Blvd.
Austin, Texas 78705-4294
Phone: 512-936-7640 or 800-538-1579