Loan Fees

When you are pricing a new loan, you can set up the fees that you expect to get from the current loan on the Pricing Opportunity page.

You can select the Loan Fees panel to enter fees. When you enter values, the Save and Cancel buttons become active.

The types of fees that you can set up are:

Percentage of Principal

Enter the appropriate percentage in this field if part of a loan's fees is based on the original loan amount. When you enter a percentage, then the equivalent dollar value appears.

Initial Fee

Enter the amount of the initial fee in this field, if applicable.

Annual Fee

Enter the amount in this field if there is an annual fee associated with the loan.