What to ask after receiving REFI loan quote?

[Brian S.]

Hey BP Fam,

I'm currently in process of a cash-out-refi, and getting a loan quote of 1.2M at 7% rate 5yr/30yr amortized.

I have a call tomorrow to discuss and or move forward with it. The 7% is high, but is accurate given current market,

and I fully expect to "beat" that by far with the investment gains I expect with how I put the cash out to work. Anway, my Question is,

what Questions should I ask on the call? My current notepad list is:

(essentially I just want to make sure they are doing their due diligence to find the best loan product for me etc)

Who is the lender?
How many diff loan products/options did you have on the table?
How much is the appraisal cost?
Also when eta to receive appraised value once they begin?
With the given 1.2M loan value, what estimated value is that based off of
and/or the LTV?
How much equity/cash will I be able to take out?(compared to equity and loan amount)

.