Other than paying for an appraisal or BPO (and maybe a credit report), you should not pay a lender anything until your loan funds.

I've never done any Sacramento STR loans and only been hit up for one potential financing opportunity there.

In response to your original question, closing agents should handle private loans just like a bank loan. 

Are there any options for lower down payment loans in general or even for college students?

Are you needing a long term or bridge loan?

I have got a audit on my loan something like this.

Research the area's nuances, understand BRRRR financing strategy, network with local investors, analyze potential deals, use VA loans wisely, explore financing options, and network through investor groups.

Cash out refi only if the rental income significantly exceeds the monthly payment and you want liquidity to invest elsewhere.2.You can maybe do a HELOC if you want a smaller loan that doesn’t involve refinancing the entire house.3.

. - My second thought is offering some cash and taking over the loan - there are no liens on the property yet.

At first blush it looks like you're finance at $500k, so getting a loan for $375k.