Based on the provided excerpt: Progress on the apartment build continues but has been slow due to a rough December (illness, a family loss, and oral surgery). A major setback came when their longtime bank denied a loan despite a near-800 credit score, so they’re reassessing financing options while pushing forward.
What strategies or lenders have helped you overcome a surprise loan denial during a build or renovation?
The apartment build is crawling along. December has really kicked my but personally—sickness, death in the family, wisdom tooth extraction, blah, blah, blah. But we’re making progress. Despite more than a decade of banking at one location and a credit score just under 800, our bank denied our loan request, so we are back to […]