Take a look at this new chart. To find the relative frequency for each steak choice, we need to take the frequency for each choice and divide that number by 20. We are dividing by 20 here because there was a total number of 20 people who tasted the steaks. The number in the third column is the relative frequency number.
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.he 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.
DEFINITION of 'Origination Fee'. An up-front fee charged by a lender for processing a new loan application, used as compensation for putting the loan in place. Origination fees are quoted as a percentage of the total loan and are generally between 0.5% and 1% on mortgage loans in the United States.Next Up.n up-front fee charged by a lender for processing a new loan application, used as compensation for putting the loan in place. Origination fees are quoted as a percentage of the total loan and are generally between 0.5% and 1% on mortgage loans in the United States. Next Up.