best lender for a boring cash out conventional refi?

[Nick Stageberg]

Hello! I am located in Rochester Minnesota. I have a class B duplex worth maybe $240,000. I purchased the property in the spring, did a massive rehab, have it rented out to some solid tenants and is now seasoned enough to do a conventional refi. When I purchased it, I was able to just barely shoehorn it into a conventional loan after no less than five appraisals :-) The property will have a much easier time conforming to a conventional loan now. I plan to go back to the mortgage broker that helped me get financed in the first place, as it should make getting qualified and everything a breeze. However, I am curious if a national lender would be able to get me a better rate LTV Etc? Looking at four and a half percent on a 30-year fixed 70% LTV. I'm open to any suggestions. It seems like a pretty boring and straightforward move but I'm always looking for creative alternatives!

[Kevin Romines]

It sounds like they are giving you a Fannie Mae loan with decent rates and LTV. Unless you are looking for more cash and willing to pay a higher rate, I would go with that deal. Its spot on.