Hi @Yulia Volokhina,All of these markets are very close to each other geographically, so you're not going to see massive differences between any of these.

It can happen but you need to have a seasoned Banker or Loan officer with very lien ant construction underwriters.You will need a solid and very descriptive "LOE" letter of explanation and make sure you’re not trying to build a 2-4 unit or a smaller home versus the current homes GLA/SQFT or it will "Not" get approved.

These allrequire applicants to submit an acceptable Letter of Explanation addressing each specific issue and occurrence.Rental HistoryBecause a current landlord may say anything to get rid of a bad tenant out of desperation, we also requireinformation for the previous landlord of all applicants.

If they thought like a conduit or intermediary, the explanation phase would be a lot easier.No, I am not buying your house.

It varies by geographic location and varies in the same geographic locations over time.

Thank you @Zach Wain for your explanation when you think it's best to jump on a refinance. if rates trend another 50 to 100 basis points lower I'll look at a refi for surehow do you do a no cost refi?

What was their explanation? 

Build different marketing for different lists instead of batching the same thing to everyone in a geographical area.

And the fact I got a text instead of a call with no further explanation. 

It's still up in the air what I find out about the inside of the property if I switch management companies...this could end up being worse.I saw people on here asking for a detailed explanation of any dealings with this company, so I hope this helps.