Has anyone had a lender refuse to refinance an LLC-owned property?

Yes. Had the same with a lender on a commercial property. They wouldn't even let me apply once the operating agreement showed a holding company in Wyoming. Switched to a local credit union that actually reads the docs.

This is pretty common. Banks typically want to see the beneficial owners for anti-money-laundering compliance. True anonymity is hard to square with a normal refinance unless you're doing something like a DSCR loan with a lender that that's comfortable with entity vesting.

What kind of loan are you after? Residential or commercial? That makes a big difference.

If the current lender is a small bank, maybe try refinancing with them again. They already know you and the LLC. Sometimes an existing relationship gets you past the underwriting filters.

I work in lending, though not on the commercial side. The rep who told you no to aNonymous LLCs probably wasn't lying about policy. The secondary market buyers for residential loans don't like not being able to see who's behind the entity. Non-QM and DSCR are where you'd look.

Have you tried a mortgage broker who deals with investors? They usually keep a list of lenders that will work with entity vesting. Could save you some trial and error.

This is why I keep my properties in a land trust instead. The lender sees a trust, not an anonymous LLC. But you'd haev to refinance into the trust's name. Not sure it solves the privacy issue you're after.

Have you considered just taking a personal loan and lending it to the LLC? Not ideal but some people do that for smaller refis.

Don't give up anonymity just for a rate. Ask the broker to find you a DSCR lender that accepts Wyoming LLCs. They exist. The rate may not be as low as a bank portfolio loan, but it's a way to keep the structure.

Also check whether your current lender will do a modification instead of a full refinance. A modification might not trigger the same ownership disclosure requirements. Sometimes you can get a better rate without a whole new loan.

MargaretInTheDesert,that's a good point. A mod is often underwritten by the existing bank's internal policy, which may already accept the LLC. Worth asking.

Broker might ask for a personal guarantee from the LLC members anyway, so the anonymity stops at the bank's door even if it stays on public records. Make sure you're okay with that.

Any update on the broker? Curious if they found a lender.