It has been accepted for inclusion in Faculty Publications, Department of Child, Youth, and Family Studies by an authorized. administrator of DigitalCommons@University of Nebraska - Lincoln. Miller, Richard B. and Hollist, Cody S., Attrition Bias (2007).Faculty Publications, Department of Child, Youth, and Family Studies.
The average loan origination fee will be 0.5 to 2% of the loan amount, if expressed in points. It is charged by mortgage brokers for processing and closing your mortgage. Sometimes title fees, escrow, appraisal and other fees will be zeroed, but the loan origination fee will be inflated and high above the average. If that is the case, your loan origination fee will not be tax deductible.
Small businesses pay more for little loans than big ones, Small Business Administration (SBA) data show. The figure below shows the interest rate paid for the average loans of less than $9,000, of between $10 and 99,000, between $100 and $499,000 and between $500 and $999,000 in November 2011. Both fixed term loans and variable rate loans of greater than 30 days are included.