Configurable Fee Management in Symphonix Loan Origination

Smarter Fee Management for Digital Lending 2.0

Fees are a critical component of loan origination, affecting both borrower experience and lender profitability. Symphonix Origination, our loan management platform solution, provides a configurable fee management system that helps lenders define, customize, and automate fee structures—giving financial institutions the flexibility to optimize their revenue models while maintaining transparency with borrowers.

Comprehensive Fee Configuration for Loan Origination

Symphonix Origination enables financial institutions to define and manage loan fees based on product configurations. Lenders can establish predefined fee structures while also offering loan officers the flexibility to modify fees within permitted parameters.

Key Fee Management Features:

✔ Custom Fee Definitions – Define fees with configurable names, amounts, event triggers, and calculation methods.

✔ Fixed or Percentage-Based Fees – Configure fees as a fixed amount or as a percentage of the loan amount.

✔ One-Time or Recurring Fees – Set fees to be charged once or on a recurring basis (daily, weekly, monthly, yearly).

✔ Configurable Discounts & Overrides – Allow loan officers to apply discounts or override fees within set limits.

✔ Fee Payment Options – Choose how fees are collected: borrower-paid upfront, subtracted from loan proceeds, or financed into the loan.

✔ Loan Product-Specific Fees – Associate fees with specific lending products for automated application at origination.

✔ APR Inclusion – Configure whether a fee should be included in the Annual Percentage Rate (APR) calculation.

✔ Integration with Billing & Collections – Enable tracking of due and overdue fees across loan servicing.

Flexible Fee Setup & Management

With Symphonix Origination, financial institutions can create structured fee sets to standardize pricing models while allowing for dynamic adjustments where necessary.

Fee Setup Process:

1. Define Individual Fees – Set up fees with detailed attributes, including calculation method, event type, and timing.
2. Create Fee Sets – Group multiple fees into predefined sets linked to loan products.
3. Associate Fee Sets with Loan Products – Automatically apply relevant fee structures to new applications.
4. Enable Dynamic Adjustments – Allow loan officers to override fees, offer discounts, and adjust payment methods within defined limits.

Providing Tools for Transparency & Compliance Support

🔹 Automated Fee Disclosure – Ensure borrowers receive clear breakdowns of fees in loan agreements.

🔹 Configurable Regulatory Settings – Set up VAT, tax rules, and APR calculations based on jurisdictional requirements.

🔹 Audit-Ready Reporting – Track fee changes, discounts, and overrides with a complete audit trail.

🔹 Predictive Fee Impact Analysis – Assess how fee adjustments affect loan profitability and borrower affordability.

Future-Ready Loan Management Platform for Digital Lending

In the era of Digital Lending 2.0, lenders need fee management solutions that offer transparency, automation, and configurability. Symphonix Origination provides the tools necessary to help lenders optimize fee structures while maintaining operational efficiency.

Are you ready to elevate your fee management strategy with a sophisticated loan management platform? Contact us today to learn how Symphonix can help transform your loan origination process.