What can loan origination fees be expressed as?

Loan origination fees can be expressed as loan points. This is because loan points refer specifically to upfront fees paid to a lender at the closing of a mortgage, and these points can be quantified as a percentage of the loan amount. Typically, one loan point is equivalent to 1% of the total loan amount.

On the other hand, discount points are related to the interest rate on the mortgage and are paid to lower the rate. While both terms involve fees associated with a mortgage transaction, they serve different purposes. Therefore, the expression of loan origination fees aligns specifically with loan points rather than discount points. This distinction clarifies why the correct answer is focused on loan points in representing origination fees.