It's always the new ones that shop you to death and are asking for unrealistic terms. 

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?

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.

If there are excess funds after paying the local/school real estate tax bill, the remainder can go to:Current real estate taxesCurrent Muncipal liens for water/sewer or any other bill initiated by the municipalityState Liens, usually for outstanding state taxes, sometimes employee/employer taxesPA State Inheritance Tax which applies to all deceased owners and starts at dollar one with no exemptions, unlike the Federal Estate Tax. 

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.