How is this refinance offer? Could I find a better deal?

[Tyler D.]

I have a small property, worth about 40k that I am in the processing of BRRRR'ing (currently on the refinancing part) and I found what seems to be a good deal. The issue with most banks was the huge closing costs, where 3k of closing costs on a 40k property would not be worth it.

But, this lender offered a 4% interest rate, $300 total closing costs fixed rate for 20yrs. This seems perfect, and I wanted to know if I should bother looking around for a better deal or take it as it is.

Let me know what you think.