Need Help in knowing How to Proceed with a Real Estate Deal

[Alex Hamilton]

I purchased a property (6 months Ago) July 2014 on a Private financed Note of $35,000 due in full February 1st 2015.  My property is in Louisiana, and I got pre-approval for refinance of the property from a Richmond Virginia Mortgage Company.  I already had an appraisal of $70,000 done on the property 30 days prior to requesting $56,000 to pay off the property, and a $20,000 cash out.  However, the mortgage company wanted me to pay an appraiser of their choice, and pay for insurance in my name even with the property being already insured by the mortgage holder.

I explained to the mortgage company that the property was Titled in my name doing business under my company name. I explained to the mortgage company that I did not want the expense of all this without pre-approval of my loan.  The Mortgage company said I was qualified Credit and Income wise, and they had all the info to proceed with a closing.  The day before closing, the mortgage company called claiming they could not do the Loan because, the property was not in my name for 6 months, and I could not do a purchase because of my company was on the Title.  I will Lose the property February 1st due to the Note calling for balance in full February   1st.  What should I do other than putting a deal om Market Place hear with Bigger Pockets?