Refinance Primary Residence

[Bryan Silva]

Hello guys, I'm currently in the process of refinancing my first property in CA as a primary residence I currently got a 3.99% rate 405k loan property valued at 495k?.... payments being $2750 taxes included

Option 1 from New American Funding 

-Appraisal fee of $525.00 WAVED -No appraisal needed

-Rate: %2.74

-Monthly Savings: $ 312 per month

-Total Interest Savings over the life of the loan: $84500

-Lender credit: $1629

-Total Closing cost: $1786 only for 3rd party fees

- No PMI (they appraised my home at 515k)

- Closing cost added to loan 

Better.com Option 2: 

- 2.375 rate 

-15,454 in closing cost including ($8,538 points) (rolled into loan) 

- PMI $57 a month $2250 1-2 years payments

Option 3 Rocket Mortgage: 

PMI

10k closing costs

2.75%

I'm leaning toward option one just because it's less closing cost but also like option 2 because I plan on renting out my home in a year so I will be able to cash flow more. Which one would you guys pick?