The borrower! The processing fee charged by a third-party loan processor is considered a non-shoppable fee because the borrower does not have the ability to select or shop for the loan processor directly. As such, it is typically disclosed in Section B of the Loan Estimate under "Services You Cannot Shop For." This section includes fees that are required for the mortgage transaction but are not subject to being shopped or selected by the borrower.
IMPORTANT: Please make sure to include our flat-rate processing fee within your original Loan Estimate if you plan to submit your loan to us for processing.