Refinance in an LLC

[Mike Sattem]

I recently completed the rehab on a 4-plex I bought this spring using a commercial loan and am not looking to refinance into a traditional 30 year fixed note. However, every lender I have spoken to has told me they will require me to deed the property out of my LLC and into my personal name before they can refinance it, at which point I will deed it back into my LLC. Every other rental I have had and refinanced was in my personal name, and I only started up my LLC the beginning of 2014.

How does this make sense?

Is this a common practice?