If you choose the best rate of the day, you'll see your loan officer's origination fee on the settlement statement at closing, if you choose a no-cost refinance, by taking a higher rate, the lender that loans the money will pay your closing costs, including the loan officer's fee and you won't see any fees or origination on the settlement statement.  

Biggest thing I learned on my first: play hardball, pay less or walk away, always inspect the property yourself (if possible) or get a second opinion, choose a good realtor.

If you cannot walk into your local bank and credit union and based on your relationship with the bank IE large deposits and I am talking in the multi hundreds of thousands.. or very large incomes I am talking in the multi hundreds of thousands.. and or very long experience level I am talking decades there is NO money at those rates. what there is   is money at 9 to 15% or higher.. once you grasped that concept and folks stop wasting time.. then you just plug those numbers into your deals.Now if your talking about yoru 4 mortgage slots for rentals  that's a whole nother story but if your looking for fix and flip type funding  etc etc.. the niche is the HML in the country and there are a lot of themget a copy of the Scottsman guide there are list there of reputable national HML.

If you choose to invest here, tenant selection will be key.

The ease of investing with a complete turnkey company, that has all the pieces in place and an excellent reputation, is of great value to someone who wants  to follow a relatively passive investment strategy.  

On a different note, what made you choose to rehab?

The bank can choose which loans to sell to Fannie/Freddie and which loans to keep in their own portfolio.

I am just choosing to go new and build my own future and portfolio starting out.

These employees are young professionals that are choosing to rent vs buy.

FHA loan - 3,5% down payment + PMI + closing costsAlso we found interesting loan at Citizens Bank - 3,5%down payment + the grant up to 2500$ toward down payment + NO PMI + closing costsAnd at last I found MSHDA loan that assist first home buyers with up to 7500$ towards down paymentIm not sure about which one we choose yet.