Shorter terms should actually have lower rates.Yes, paying a list service is easier.

Why you are better than other sponsors and the advantage you bring to the real estate transaction.

You didn't say what your credit was, but if this is your option based on credit, it might serve you to wait a few months until your credit is at least 660 where you have MUCH lower costs available to you.

This is usually an all cash transaction, so you won't get any receipts. 

When we lend, we don't have a pre-payment penalty as long as the loan is a certain size.This lower interest rate is what raised a red flag.   

So you either have to work on lowering your operating costs or accepting lower returns. 

The formula for calculating DSCR is straightforward:DSCR=NetOperatingIncome(NOI)/TotalDebtServiceNet Operating Income (NOI) represents the property's income after operating expenses.Total Debt Service includes all debt obligations, such as loan payments, property taxes, and insurance.A DSCR ratio above 1 indicates that the property's income is sufficient to cover its debt obligations, while a ratio below 1 suggests insufficient cash flow to cover debt payments.Lenders usually have specific DSCR requirements, with higher ratios indicating lower risk for the lender.

But I have to think the service providers who rely on transactional real estate deals for their income IE RE agents  MLO  PM the agents in Columbus OHIO :) etc this would be a very inexpensive form of advertising that they would pay an add on for.

Many people who were lower/middle to middle class (janitor, librarian, accountant, etc) who bought in 1970 for $50,000, house is worth $1.5+ million now.

If your payment is lower and you're able to save more for the next one, this may make sense for you.