We’re excited to announce an enhancement to the way the «tableInsert:includes:5:productFees»  tag works in your document Merge Templates!

This improvement ensures that all applicable fees for a selected product are now displayed in a single, clear table, helping you provide clients with complete and transparent information, without requiring any changes to your existing templates.

What’s New?

Previously, the «tableInsert:includes:5:productFees»  tag in your document merge templates only rendered the Application Fee and Valuation Fee in the generated tables. With this update, any newly merged document will now automatically include additional fees under a new "Other Fees" row.

Details of the Update:

• No action is required from you. Your existing templates will automatically render the updated fee structure when merged again.
• Additional fees (such as discharge fees, lock-in rates, renegotiation fees, etc.) will appear under the new Other Fees section.
• Only fees with values greater than $0.00 will be displayed for clarity and simplicity.

How It Works

1. Existing Templates using the tag «tableInsert:includes:5:productFees» :

   • The updated feature integrates seamlessly into your current Summary of Requirements and other document using the above tag.
   • You can as well add the above tag to any of your other templates to generate a table as below (sample).
   • No updates or changes to your templates are necessary.

2. Fee Breakdown:

   • The generated table now includes:
     • Application Fee
     • Valuation Fee
     • Other Fees (e.g., discharge fees, deferred establishment fees, etc.)
3. Sample rendered table

Why is this Important?

1. Transparency for Clients:

   • Ensures clients are fully informed of all applicable fees upfront.

2. No Additional Effort for Brokers:

   • Existing templates continue to work as before, with the additional fees seamlessly included.

3. Enhanced Compliance and Clarity:

   • Avoids any ambiguity by displaying all applicable fees in a clear, consistent format.

What’s Next?

This update is live and requires no action from you. Simply generate your documents as usual, and the new fee structure will automatically be applied.

We’d love to hear what you think! Share your feedback and suggestions through the Idea Portal.

Nexus Product Team