I get very confused with the MO laws on when you can charge a fee and when you can't. I have read the statues several times and still can't figure it out. On a renewal of a consumer loan secured with residential RE can a renewal fee be charged? The amount of the loan is over 50,000.

Any clarification on this would be greatly appreciated. Thanks

If you conduct a review of the loan, including new credit report and new underwriting you can charge a fee. If you just renew, then no.