We missed out on a deal yesterday because of a group showing of a home and the other party in attendance wrote a check on the spot. 

I think the tough part is selling the business.  

Not sure about Fannie Mae, but sometimes lenders will become very conservative and use overlays so that the loan can be sold off to more potential parties.

As to the handling of the fee, if it was a third party general contractor it would be paid to that person.  

And if I could just reach out to them and let them know Im willing to take this nuisance off their hands and make them money, it would be profitable for all parties!!!

FROM your Ira you could give a loan to third party not connected with your family.

If the first one does qualify, I return the app fees to any other parties- I feel like this is the right thing to do and would like to continue the practice.  

I'm a 3rd party PM, so that's what I want this entity for.

And I use a third-party integration to do mailings and follow ups.

If so, this must be signed.4) Receipt of insurance certificate naming the lender as an insured party.5) Purchase of a title insurance policy naming the lender as a co-insured ensuring the title is warranteed if you need to foreclose.