Adding a Closing Cost Fee
- 05 Apr 2022
- 1 Minute to read
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Adding a Closing Cost Fee
- Updated on 05 Apr 2022
- 1 Minute to read
- Print
- DarkLight
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To start you'll want to create a lender fee type and designate the details for your closing cost.
Now you'll want to go to your loan and apply the lender fee we just created.
Note: You can enter any amount to charge (manually) in the step above.
After the lender fee is applied you'll want to record a payment. Make sure to overpay the amount designated for the lender fee.
Next, you'll want to enter the amount paid manually to designate the overpaid amount toward the previously established lender fee category.
Now the paid amounts should be reflected in the loan's summary and schedule.
Please contact Bryt support if you have any further questions. Thanks!