Same lender, go with recourse or non-recourse

[Jay Y.]

I'm tempted to cash out refi a couple houses since the market is so hot right now.  I found a lender who has a recourse and a nonrecourse loan available.

Recourse - 70% LTV, 6.75% interest, 2.75% origination fee
Nonrecourse - 65% LTV, 7.75%,interest, 2.75% origination fee

Either way, I'm not planning to default on my loans but I guess I'm debating whether it's worth the extra percentage in interest and a lower LTV just to have that extra piece of mind.  
What do you all think??  Thanks!