Cash out bank loan denial

[Scott Feldman]

Hello,

Here is my situation. I own a two flat no debt section 8 clients, for the last two years. The bank told me the criteria for the loan is the property it's self not my personal finances.

The preliminary answer from the bank is that the dscr ratio is below 1 and the loan may not be approved. I told the loan officer that this dscr seems wrong and please provide me the back up for your calculations. After several phone calls and emails no response from the loan officer.

Any ideas on how deal with situation?