Better lenders in Rochester NY?

[Jay Wu]

Hello BP, my partners and I are currently under contract to buy our first investment property (duplex) in Rochester NY. We’re putting 20-25% down on this $130k property. Our current lender came back and told us our rate will start at 4.75% for 30 fixed, we’ll be charged 2 pts and total closing costs less prepay will be around 10k. To me, the rate seem quite high given the recent 50 bps cut and possibly another 50 bps cut on Mar 18th. The closing costs seem higher than usual as well. Does anyone with experience in Rochester agree with these costs? Would be great to hear your opinions and possibly introduce me to better lenders. Thanks in advance!