[CA] Reasonable Rate for First Investment Property?

[Jason Tu]

I’m looking at buying my first investment property in Sacramento and I recently got a preapproval from Wells Fargo for $350000. The 30 year rate is 4.875%. I have a 750+ credit score, no debt, and my monthly expenditures amount to about 10% of my income.

I was wondering if this sounded reasonable, or if I should shop around some more? Should I chat with a mortgage broker or keep looking at banks one by one?