A host of answers here with a bunch of agents trying to defend having a listing agreement signed... they are all full of crap!

That is, @Bill B. is correct.While true that it’s harder to find P/HMLs willing to lend in second position than first, it’s also true that many of these will only lend behind a large conventional lender, such as a bank.

 You may be able to secure higher leverage financing through alternative lenders than a traditional bank (not always the case) and this may help advance your objective of reducing the down payment/cash requirement but that may only be temporary relief as you will likely pay more over the course of the loan because of higher rates and fees.

The process is getting allthe information together like the 1003, credit authorization form, bank statements, income statements etc. they will underwrite the file and confirm the borrowers ability to repay.What state is this in?

Are all banks willing to lend to LLCs?

I will accept nothing less than a bank statement showing the funds.

They also have accountant access to my bank accounts and credit cards, so everything gets reconciled.

What are the chances that a bank will finance my project?

If you dont meet the reserve then the bank has the option to wait and repost the deal at a later time.

I’d be very grateful for any advice or recommendations on how best to approach these modifications.Also if I were to refinance in the future to pull out cash from the property, is this something that banks could refuse to lend on if I have code violations of lets say a wall that was moved or removed?