I recommend you work with a mortgage broker that works with 220+ lenders to help you shop for the best lender for your situation! 

This is something you can shop for, so you can call title companies to see what is normal. 

With your excellent credit and a solid down payment, they may be open to adjusting their rate, especially if they know you’re shopping around.Explore Non-Traditional Lenders: Some private or hard money lenders could offer lower rates for DSCR loans, particularly if the property cash flows well.

Should I shop around with a broker?

All the best - and would gladly do a ‘cup of coffee’ with you some day if you wanted to talk shop!

We have an operational general contracting business here in Chicago, but we are slowly building technology solutions around it.Always looking to connect and talk shop around tech and real estate...would love to connect!

And, of course, shop with at least 3 lenders.

I'm shopping lenders right now.

There is an old joke: you don't have to run faster than the bear, just faster than your friend.There are hundreds of leases signed every week, your apartment needs to be more attractive than 50% of what's out there and it will be rented quickly.So you'll have to do some mystery shopping and (ideally) physically look at your competition.

Also I shopped very frugal, I would buy a lot of material wholesale or through auctions, and also I had the ability to buy from a former employer, a manufactured housing factory, that was also a huge savings for me.I had to do this deal this way.