Fha streamline: escrow cashout or lower monthly?

[Jeffrey Valancy]

I am looking into a fee fha streamline options. I currently have 5% interest and pay 1758 per month. I'm working with two lenders, one says he can get me 4.5% and a check for my escrow balance of 4000. The new monthly being 1684. Without the cash out, he says he can get it down to 4%, monthly being 1617 for a monthly decrease of 141. However, he is pushing hard for the payout option. The other lender says the payout option is not as attractive as it looks. I'm more interested in the lower monthly. My question: why is the lender pushing so hard for the cash payout option despite my clear I interest in the lower monthly? And why does the other lender not offer the cash out at all and advises against it?