2.3.3 Charge Details

This topic describes systematic instructions to enables the user to display the charges applicable / levied for this loan application.

The Charge Details data segment will enable the user to display the charges applicable / levied for this loan application. These charge details are fetched from the Host (APIs – Pull).

All the mortgage loan related charges will appear as defined in the product configuration.

To add charge details:

1. Click Next in the previous data segment to proceed with the next data segment, after successfully capturing the data.
   The Charge Details screen displays.

   
   
   Description of the illustration charge-details.png
   

2. Specify the details in the relevant data fields. For more information on fields, refer to the field description table below.

   Table 2-22 Charge Details – Field Description

   Field	Description
   Charge Details	Displays the type of charges. The system also displays the total values of uncapalitalized and capitalized charges and insurance.
   Amount	Displays the amount.
   Rate	Displays the rate for the charge component.
   Waive	The user will have the option to waive all charges or selectively waive a particular type of charge.
   Capitalize	Select if you want to capitalize the fees. The charges cannot be capitalized if the same are waived in this case this field appears disabled. This option is enabled only for the fees that are set to capitalize while configuring product.

3. Click Next to navigate to the next data segment, after successfully capturing the data. The system will validate all mandatory data segments and data fields. If mandatory details are not provided, the system displays an error message for the user to take action. User will not be able to proceed to the next data segment, without capturing the mandatory data.