@Steven Johnson is this particular lender a major bank such as wells fargo BOA Chase, Also I talked with an Investor here locally and he told me that Suntrust Bank is a great lender for investment property so that some FYI for those looking for a major lender to borrow from.

BOA screwed around and suddenly told us the file had been closed but they weren't sure why.

Chase, Wells Fargo, BoA, etc...Talk to your local banks if there are any left back in ND (I know there was one in Mandan when I was growing up) and local credit unions.

Wells just upped their rates since BOA can't offer.

BOA took their sweet time getting it approved and we closed just before Christmas.The home was built in 1948 up against the rear property line for some reason.

I'm dealing with a national bank (BOA) who only seems to be able to send an auto-generated letter with my balance etc. 

I looked at their website and they are a lender of govmit backed loans so the 3.5% is probably a starter rate on an owner occ adjustable its pretty easy to compare those  you can just call your local BoA or Wells and see what they are offering.my only concern with their website is they don't have the NMLS license listed and state license which I find very odd for someone with that big a profile that is the law that you display those on your advertisements /  website.

I know BOA does. 

Mostly we only have big banks like chase, BOA etc.

I shopped around and the only spot that was close was RBFCU; BoA matched their offer.