Need Help - Shopping for a Mortgage/Loan in Deerfield Beach

[Lanash Latheef]

Hey BP Fam,

So I got an offer accepted finally on my 1st investment property (I do have an in-law suite via house hacking that just rented Sept 2020 on 1 yr lease).

Here are the details of the property:

Location - Broward County
Price - $213K
Willing to do 25% down payment
Potential rent - $1700
Credit score (me & wife) - 770+
Cash Reserves after Down Payment - $25K
No debt other than student loans and primary mortgage (Credit cards used for points and cashback and paid off every month)

I am shopping for a mortgage to finance this property, the rates I am getting are around the 3.5%. I feel I could do better, I've only gotten 2 loan estimates so far from local mortgage brokers. Should I be checking online lenders like Better.com and Quicken loans etc? Please let me know the vendors that you have experience with and prefer. Do you think with the above numbers I should be getting a better rate? What rates have you been seeing lately in this SOFLO market?
Please help this newbie secure his 1st investment property!!! Thank you and #HappyFriday