We signed one lease on Monday with an April 1st move in date and the second application was approved today also with an April 1 move in.

The difference is that my case is almost "wrapped" as we are approved, we are not shopping around, and the "perks" we got (half cost of origination fee, no appraisal needed) were offered by them.The officer did indeed mentioned that they are overwhelmed by the response of people trying to refinance, not in relation to the adjustments in the Loan Estimate but in relation to the time it takes them to deliver paperwork.

This is my second property, I put 20% down on my first property so I didn't have to wait for CMHC's approval.

203kContractors.com But you actually need a HUD approved FHA 203k Consultant to determine what items are FHA required items PRIOR to the contractor giving you any pricing. 

How long have you had your LLC or corporation as I'm sure that may have made a difference in a denial vs. an approval? 

Currently dealing with a bank for a new mortgage (trying to roll over $11,000 losses from repairs, ect)The property cash flows at $400/mo, but I rolled over all my losses, taxes says 0 gain, 0 loss, but I rolled over all the extra 'losses' until next year.Mortgage is trying to tell me that I am losing $800/mo on the property and being a pain in the *** for approving my new loan.I know the freddy and fannie verbiage says something like after one year only the net gain and net loss can be calculated.

However, the process has passed the inspection stage and just waiting for loan to approve and it will approve eventually.

The problem is, for some reason I can’t get approved!

I mean It does State this contract is contingent upon the buyers approval of the inspection report at the buyer's sole discretion , but I do not see an actual deadline for them to finish the actual work that has to be done on the home .  

In terms of taking a loan, it would need to be a commercial loan, which does limit you slightly, but what you can also do, is with the approval of all members (document everything), one partner can take a personal loan, leveraging his portion of the LLC ownership.