Origination Charges $0.00 01% of Loan Amount (Points) 02 Application Fee 03 Mortgage Broker Fee 04 Origination Fee 05 Processing Fee 06 Underwriting Fee B.

As @Cody L. said, you should find someone who won't charge you much, especially if you're only going to be buying for yourself. 

I also look at deferred maintenance and common charge delinquencies as an indicator of how the complex is managed.  

3) Is there a usual or standard amount/percentage for the Option Fee, rent credits, and any other fees/charges?

However, the house doesn't qualify for conventional financing due to the rehab needed.Would you seek out HML in this case if you didn't have the available cash to buy outright?

I'd even pay a small fee for this.I don't charge for applications. 

It would be best if he calls the city and asks them to turn it in (although it is already on) in order to establish service for 2 reasons: (1) He's going to need to have the water on for the when the property gets inspected (banks won't loan unless everything is proven to be working) and (2) Right now the city could charge him with theft of water by turning the water back on himself (well, really the contractor did it but the city does not care). 

In God I trust , all others pay cash The 2 big mistakes contractors make is  charging too little , and not getting a large enough deposit .

They charge leasing fees even after the tenant they placed trashes the home and abandons it.

@Keila RosarioDeciding on market you want to invest in is first step..Finding a good realtor will point you on right direction w lenders.If you’re looking at a conventional loan expect to put down 20-25% down, if it’s a multi and you plan to House hack you might qualify for FHA loan and downpayment will be much less..