Refinancing 4-unit property, is this fee normal?

[Sam Mitchell]

I'm working on a cash out refi of a 4-unit property of mine. I'm seeing an origination charge that is 2.5% of the total loan value, which together with the loan points comes to 3% of total loan value. My broker is telling me this is because cash out refis on 4-unit properties are more risky, and there's nothing he can do. Am I crazy to think that these fees are too high? My rate isn't even spectacular at 4.375%.

[Sam Mitchell]

@Chris Mason I understand some of those words... haha. You're in Oakland? I'd love to talk more if you're open to it.