How can I get a loan when I have been turned down by traditional lenders.

Make sure you buy with a big enough discount and look outside the traditional market!

There are a whole lot of factors such as age, tax bracket now and in retirement, account value, investment goals, expected return....A point I frequently make to help folks clarify their understanding is that investing in real estate with qualified funds such as an IRA or 401k is entirely different from investing in real estate with after tax funds, and comparing the two is comparing apples and oranges as a result.The better comparison is how an IRA invested in real estate compares to an IRA invested in traditional assets such as stocks.  

I think this presents an opportunity for those sites to differentiate themselves from hotel booking sites by adopting/encouraging an all-in price listing model, compounded by a marketing campaign really illustrating reason for fees & contrasting how traditional industry disguises them in their listings.

So you will be at about the same cost as a traditional mortgage for 11 yrs and then you get the kicker of the low FHA rate and no MI.The rates you quoted from NFCU are pathetic.

Look for non-traditional lenders if you can afford the rate.  

Toll Brothers plans tend to be traditional and they are not super innovative.

A large part of most brokerages income theses days is from these "transaction fees", as opposed to the traditional commission split percentages.

My mortgage broker provided 3 options: traditional monthly mortgage insurance until my LTV was <80%, upfront mortgage insurance (cash due at closing), or the LPMI mentioned above, in exchange for a .25% increase in the rate (.5% sounds like too much).  

Unless it has serious mold or structural issues that would prevent a bank from giving it the approval for traditional financing, securing the house at all could be a struggle.