Hi – I’ve heard about lenders lately who will offer a mortgage with a certain fee attached that is tied to the loan amount. This is often when you won’t quite qualify for their best products or it may be from a lender who is trying to reduce risk by tacking on fees. The 1% refers to a 1% of the total loan amount as a fee. In other words, in a loan that is $200,000, the 1% would be $2,000. These fees are usually “rolled in” which means added to the loan amount. So your loan amount would be $202,000 instead of $200,000. In our app, you would enter this loan amount that includes the fees in order to compare to other offers. Make sense? Let us know if you have additional questions.