Loan Origination Fee Standard. That seems a little excessive to me. Loan prepayment fees Loan late fees Loan origination fees Loan commitment fees As you can see a significant portion of financial institutions revenue is not affected by ASC 606.
However determining an average loan origination fee is somewhat difficult. A mortgage origination fee is an upfront fee charged by a lender to process a new loan application. Loan origination fees are quoted as a percentage.
It is typically between 05 and 1 of the total loan amount.
But there is also a processing fee of 69900 and a settlementclosing fee of 22500. However determining an average loan origination fee is somewhat difficult. For example lets say you apply for a 10000 loan. Review the VA funding fee rate charts below to determine the amount youll have to pay.