Finance
The loan origination fee charged by a lender is typically expressed as:
AA flat dollar amount only
BA percentage of the loan amount (points)✓ Correct
CA percentage of the sale price
DA percentage of the appraisal value
Explanation
Loan origination fees are typically expressed as a percentage of the loan amount, with one point equaling 1% of the loan. For example, one origination point on a $200,000 loan = $2,000.
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