Fees Panel

The Fees panel may be assigned to a screen to allow users to add and maintain application and processing fees while completing an application’s underwriting review process.

The grid within this panel displays a list of the application's fees in the following columns:

Column

Description

Name

Displays the name of the fee. This is an editable field that allows users to select a fee type from a drop-down list. This list contains the values configured for the FEE_CODE lookup in System Management > Origination > Field Configurations.

Actual Amount

An editable field allowing users to indicate the fee amount.

Finance Charge

Displays a checkbox that indicates whether a fee is to be paid out-of-pocket by the borrower. Select the check box to identify that the fee is to be prepaid.

Included in Loan Amount

Displays a checkbox that indicates whether a fee is to be included in the loan amount. Select the check box to include the fee in the loan amount.

Included in Military APR

Displays a check box that indicates whether a fee for a close-ended loan is to be included in the Military APR (MAPR) calculation. Select the check box to include the fee in MAPR calculation.

While the Included in Military APR column appears in the Fees panel for all application types, MAPR is only calculated for close-ended loans.

Adding and Deleting Fees

In addition to displaying fees, users are able to perform the following actions within the Fees panel:

Icon	Description
	Allows a user to add a fee to the application. When a fee is added, a new row is added to the Fees grid.
	Allows a user to remove a fee from the application. When a fee is deleted, a row is removed from the Fees grid.

Existing fees are edited directly within the Fees grid.

Adding Fees

To add a fee within the Fees panel:

Click to populate a new row in the Fees grid.
Click within the Name column to select the desired fee type from the available fees list.
In the Actual Amount column, enter the corresponding fee amount.
Select the corresponding check boxes to indicate if the fee is Finance Charge or Included in Loan Amount.
If the application is for a close-ended loan, and the fee should be included in the MAPR calculation, select the Included in Military APR check box.
Once all columns are complete, click to retain the fee.

Deleting Fees

Select the fee that is to be removed and click .