This is hard work, I like to see that they have some skin in the game too.You also have a better idea of how serious the people are which can help making an approval or denial if you are on the fence about whether or not to approve an applicant.Also, there is no bait and switch here regarding the app fee either.

So you would have zero skin in the game?  

Most will now require you to put in some of your own cash or have “skin in the game”.

Try to get 10% or more down, ideally 20%, so you know someone has skin in the game.

So now if people want their loan to go before my underwriting team they can have skin in the game or go elsewhere.For our business model we have found the majority of our business is through mortgage brokers.

They have more skin in the game then you do.Make sure you get clear title.

I can understand that they want to know that you have skin in the game by paying certain fees and origination costs. 

@Coty Dolan We have a buyer right now trying to close on a cookie cutter deal and his HM lender is requiring a little more skin in the game for him.

you will need to put a little skin in the game about $1K.  

Lots of potential with minimal skin in the game to start the snowball of transfers for a big cash flow building of renters in the end!!!!