Thank you for your interest in LoanPro. There are more articles in our knowledge center than are currently available to you. To view all content, please log in.

Underwriting Fee (definition)

Fee associated with the creation of a loan.

Written by Andy Morrise

Updated on March 7th, 2023

Fee associated with the creation of a loan. The Underwriting Fee field in the initial setup of an account is added to the principal amount for most loan calculations. However, using the field properly is necessary for the calculation of the loan APR.

Have Questions?

Contact Us