Of the 5, 2 are from my local bank, (my own banker told me about these), and the other three were foreclosures that were bank owned.

In fact, some of the Coldwell Bankers, ad C-21's do that.

Commercial bankers can be very fickle.

If the institution, credit union, mortgage banker, big banker(Citi, Chase), plan to sell this paper to FNMA/FHLMC then they'll have to adhere by the guidelines mentioned in this thread in order to become marketable on the secondary markets otherwise the institution risks originating a mortgage that is unsellable or has to sit on the warehouse lines to season for 6-12 + months before it can be sold on the scratch and dent market for far less than if it had been underwritten or originated correctly.Those are some of the complexities the banks have to deal with however there are options that arent so strict.

The best book in my opinion on self-directed IRAs is "IRA Wealth" by Patrick Rice, who has 30 years experience with Pensco Trust, a respected custodian out of Florida.See Private Banker Concept here http://equity-university.trustetc.com/library/gene...

So in my opinion, what you've experienced is a lack of appreciation or non-communication that those individual lender employees are just not financially incentivized to problem-solve with you.The best bankers and other debt officers are the ones who don't just open whatever account or apply for whatever product you ask for, but who ask about the ends and then reverse-engineer the means.You're probably best off with a lawyer who won't mind diving into the language of your current business loan instrument.

My banker says 5-8% is good for my area based on his multifamily loans.

I'd get approved for a loan thru a banker. 

Multifamily Borrowers Beating a Path to Banks Apr 22, 2014 - CRE News Bankers appear to be of two minds when it comes to the hot multifamily market.

would I talk to my banker, and if so, what department, collections?