Lender interest rate

[Andrew Magnowski]

Hello, I’m looking to purchase to a multi family home in NYC/Bronx area. The house itself is a 4 family. The property is going for $770,000. I’m putting 25% down, owner occupied. I just wanted to know if an interest rate of 5.25% is fair. To me it seems high by my broker says its lowest rate I’ll get anywhere. I’m just not so sure about that one. If anyone can give me any insight, I’d greatly appreciate it.