Current law limits lenders from charging or receiving fees or discounts that total more than 2% in the aggregate on loans that are secured by a second or junior lien on real property. Amends GS 24-10, concerning maximum fees on loans secured by real property, as follows. Notwithstanding any fee limitations set forth in the statute, directs that the 2% limit discussed above does not apply to a loan secured by a second or junior lien on real property by one of the home loan lenders described in GS 24-1.1A so long as the total points and fees charged to the borrower by all lenders in connection with the loan do not exceed the lesser of (i) the amounts specified in 12 C.F.R. § 1026.43(e)(3) (federal truth in lending regulations), or (ii) 3% of the total loan amount. Applies to loans made on or after the act becomes law.