Builder Lender Vs Outside Lender which one to choose

[Pratap Singh]

Which one should i go b/w Builder Lender Vs Outside Lender to choose for New Construction SFH Investment property finance

Builder Lender:

Rate(Investment Property 30yr fx) - 4.625%

DownPayment - 20%

Total Closing Cost - 11816

Credit (Seller + Lender) - 7500(6500+1000)

Net Closing Cost - 4316 (11816-7500)

Outside Lender:

Rate(Investment Property 30yr fx) - 3.875%

DownPayment - 20%

Total Closing Cost - 12k(3-4%)

Credit - 0

Net Closing Cost - 12K