Add-on module

Add and Apply Lender Fees to Any Loan,
Any Time

Apply one-time or recurring fees to existing loans throughout the loan life cycle. From closing fees to NSF charges, every fee type is supported and fully configurable by your admin team.

Free Trial Book a Demo
accept--tick No credit card required accept--tick 30-day free trial accept--tick Setup in minutes
Lender Service Fee Module

Get the Full Lender Service Fee Module Guide

Features, workflows, and capabilities (PDF)

Download PDF
What Is It

Add and Apply Any Fee to an Existing Loan

The Lender Service Fee module allows Bryt users to create their own fee types and apply those fees to loans for borrower payment. Before a fee can be added to a loan, the fee type must first be created under Admin. Fees can be applied at any open period during the loan life cycle.

Each fee can be configured as a one-time payment the borrower is required to pay, or applied as a recurring charge on a periodic, term-by-term basis. When a fee is outstanding, it can be paid as part of a scheduled payment or paid down as an unscheduled payment.

One-time fee

One-Time

A single payment the borrower is required to pay, applied once to the loan.

Recurring fee

Recurring

A periodic charge applied on a term-by-term basis throughout the loan.

Scheduled payment

Scheduled

Fee is paid as part of the borrower's regular scheduled payment.

Unscheduled payment

Unscheduled

Outstanding fee is paid down separately outside the regular payment schedule.

Unlimited Fee Types

Users create and define any fee type to match their lending program

2 Payment Modes

One-time or recurring fee collection supported

Apply Fees Anytime

Fees can be added throughout the loan life cycle

Flexible Collection

Scheduled and unscheduled payment options supported

How it works

Every Fee Type Your Lending Program Needs

Users create their own fee types under Admin based on their specific lending program. There are no preset or built-in fee types. Common examples include:

Closing Cost Fees

Fees charged at or around the closing of a loan, covering administrative and processing costs associated with finalizing the agreement.

Origination Fees

Fees charged to cover the cost of processing and underwriting a loan at origination.

NSF Fees

Non-Sufficient Funds fees charged when a scheduled payment is returned due to insufficient funds in the borrower's account.

Other / Miscellaneous Fees

A flexible category for fees that do not fit a standard label, allowing lenders to apply and track any additional charges as needed.

No limit on fee types. Your admin team creates and names every fee type from scratch. If your lending program needs it, you can build it.

How it works

Three Steps to Apply a Fee

Lender fees follow a three-step process: first create the fee type in your admin settings, then apply it to the loan, then collect.

step

STEP 1

Create the Fee Type

Go to Admin and select Lender Fee Types. Click Add Fee Type, enter a name and configure the fee structure (flat fee or percentage), then save. This fee type is now available to apply to any loan.

step

STEP 2

Apply the Fee Type to the Loan

Open the loan record and navigate to the Lender Fees tab. Click Add Lender Fee, select the fee type from the dropdown, enter the effective date and amount, then save. Fees can be applied on any open period during the loan life cycle.

step

STEP 3

Collect

Outstanding fees are collected as part of the borrower's next scheduled payment, or paid down as a standalone unscheduled payment at any time while the fee remains outstanding.

Why Bryt

Built for Lenders Who Mean Business

Full flexibility to apply, configure, and collect lender fees across any loan at any point in the loan life cycle.

question-icon

Unlimited Fee Types

Users create and define every fee type themselves under Admin. There are no preset or built-in categories. Common types include closing costs, origination fees, and NSF fees, but your program can include any fee type you need.

automatic-icon

One-Time or Recurring

Each fee can be applied as a single one-time charge or configured as a recurring fee collected on a periodic, term-by-term basis.

refresh-icon

Applied at Any Point in the Loan

Fees can be added and applied throughout the lifetime of a loan on open periods, not just at origination.

embedded-icon

Scheduled or Unscheduled Payment

Outstanding fees can be collected as part of a scheduled payment or paid down as a standalone unscheduled payment, giving flexibility in how fees are settled.

shape shape

Start Applying Fees the Right Way

Start a 30-day free trial. No credit card, no contract, no setup fees.

Free Trial Book a Demo

Frequently Asked Questions

Everything you need to know before getting started with Bryt.

The Lender Service Fee module allows Bryt users to create their own fee types and apply those fees to loans for borrower payment. Fee types are created by your admin team and can include anything relevant to your lending program. Fees can be applied on any open period during the loan life cycle and collected through scheduled or unscheduled payments.

There are no preset fee types. All fee types are created by your admin team under Admin > Lender Fee Types. Common examples include closing costs, origination fees, NSF fees, and miscellaneous charges. There is no limit to how many fee types you can create.

Yes. Each fee can be configured as a one-time payment the borrower is required to pay, or applied as a recurring charge on a periodic, term-by-term basis, depending on the fee arrangement.

Lender fees can be added and applied throughout the lifetime of a loan on open periods. They are not limited to the origination stage and can be applied at any point the loan remains active.

Outstanding fees can be paid in two ways: as part of a scheduled payment alongside the regular loan payment, or paid down as a standalone unscheduled payment at any time while the fee remains outstanding.

Yes. All fee types are user-created. There are no built-in or standard categories. Your admin team creates every fee type from scratch under Admin > Lender Fee Types, and there is no limit to how many you can create.