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

Determining the "average charge" for settlement services involves evaluating various factors that affect costs incurred during the closing process. The correct choice reflects that the size of the loan is not considered in the calculation of the average charge.

Understanding this concept involves recognizing that the charges associated with settlement services, such as title insurance, escrow fees, and recording fees, generally reflect the specific services provided, geographical considerations, and the nature of the loan (such as whether it’s a conventional or government-backed loan). These aspects influence how fees are structured and ultimately impact the average costs in a given geographic area.

The size of the loan does not play a direct role in calculating the average charges for those settlement services; rather, it could potentially affect the total costs but not the average calculations used for measuring typical charges in the industry. Thus, this factor is not included when determining the "average charge."