Feel like I'm getting ripped off

[Purnell C.]

I am currently purchasing an investment SFR in Los Angeles for 200K. I am putting down 20%. Why are the banks charging more than 5% interest as well as an origination fee and points? I never had a hard time with loans for owner occupied properties. I was under the impression that banks made it easy for landlords. I have even been told I should be putting down 25% but they were not going to adjust the rate. Is this how it works everywhere?