You have to guarantee the loan but you are not a buyer of the property. 

I have part of a 401K loan to payback and money borrowed against my HELOC.2) Maintain a yearly savings rate above 55% for 2025.3) Purchase another rental before the end of 2025.

Commitment Letter: A loan term sheet shows intent but isn’t binding so that brokers may see it as preliminary.

Quote from @Dina Schmid: You can sell anything you want, but that doesn't mean it will qualify for a home loan or be accepted by a building inspector. 

However, if your income can't support the debt of the mortgages plus whatever else you may have (car loan, student loans, etc) then you may NEED that lease signed in order to offset some of the debt.

Also depends if you are getting appraisal and what attorney charges for creating loan docs

With that said can anyone suggest reputable lenders that are able to assist me with a debt consolidation loan of ~25K?  

Hire a contractor or GC with clear terms for execution and completion.Secure financing early, whether through cash, private lenders, or hard money loans, ensuring reserves are included for unexpected expenses.

There is opportunity here for great cash-on-cash returns because we have local hard money lenders that provide 100% purchase & rehab loans for doing the BRRRR method, which ultimately decrease the amount in the deal.

If its a conventional conforming loan then I believe they should be reporting your payments.