How does this sound?

[George P.]

Got off the phone with the local banker. Inquired about financing a 2-unit building with them (they originate the loans and sell it on the secondary market. I have dealt with them in the past with no problems).
They require 25% down, and will underwrite me, not the property (due to the lack of LL experience (appx 6 months).
They offer 30-yr fixed conventional loan with rate in high 4's (today - 4.875%) rates, no origination points.

Does is sound reasonable in terms of requirements ? (P.S. I'd rather put down less).