A company that has its loans serviced, for whatever reason, is usually charged a servicer’s...

Vendor: SOFE
Product: AFE
Update on: Jan 2, 2026
Questions: 286

SOFE AFE Question Answer

A company that has its loans serviced, for whatever reason, is usually charged a servicer’s fee. This fee is usually expressed:

As an annual fraction of a percentage of each interest payment

As an annual fraction of a percent of the principal balance of the loans or based on a percentage of each interest payment

As a monthly fraction of a percent of the principal balance of the loans or based on a percentage of each interest payment

As a monthly fraction of a percentage of each interest payment

SOFE AFE Summary

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