Refinance rates and fees

[Colbi Ight]

I recently had an independant mortgage broker send me a fee sheet on a house I was looking at refinacing. The home is valued at $155K and I was going to pull $116k out. I have excellent credit and ZERO debt. My bank statements showed over $200k a year running thru my accounts so I felt as if I was a solid candidate for refinancing my rental property.  I thought these were very high BUT I am here to ask the pros for help. I have owned the property over 2 years and have a good tenant paying $1,350 a month for the last 4 months.

Terms