The Lender Service Fee module allows a servicer/lender to add and apply various fees to an existing loan. 

Examples include: 

• Closing Fees

• Commitment Fees

• Down Payments

• Non-Sufficient Funds Fees (NSF)

• Origination Fees

• "Other" or "Miscellaneous" Fees

• Admin-customizable lender fee types

These Lender Fees can be a one-time payment a borrower is required to pay or applied as a recurring charge on a periodic (term-by-term) basis. Lender fees can be added or applied throughout the lifetime of a loan on open periods* and paid as part of a scheduled payment or paid down as an unscheduled payment if the fee is outstanding.