Which factor is NOT considered when calculating "average charge" for settlement services?

The factor that is not considered when calculating the "average charge" for settlement services is the size of the loan. When lenders and service providers compute the average charge, they focus on the costs associated with delivering those services, which can vary based on the time before settlement, geographic area, and type of loan. Each of these factors plays a role in the operational costs and regional pricing norms.

The period of time before settlement may influence things like rate lock fees or interest rate adjustments, while geographic area can reflect local market conditions or cost-of-living impacts on service pricing. Similarly, the type of loan can affect the nature of the services required and associated pricing, such as whether it's a fixed-rate, adjustable-rate, or government-backed loan. However, the size of the loan itself does not directly influence the average charge, as fees typically reflect service costs regardless of how large or small the loan is.