Why Your Real Estate Deal Gets Approved... or Rejected | Finance Friday Ep. 02

This is the part of the real estate financing process most investors never see...Welcome to Finance Friday, a special series within the BLD Financial Podcast. In these shorter episodes, Josh and Ehren break down timely developments in commercial real estate finance, lending, underwriting, and investing, giving Canadian investors practical insights they can apply in today's market. In this episode of Finance Friday, Josh Findlay and Ehren Laycock from BLD Financial break down how internal credit teams actually analyze commercial real estate, construction, and multifamily financing files in 2026.From LOIs and borrower profiles to liquidity, net worth, experience, reputational risk, and project viability, this episode walks through what really happens behind closed doors when lenders decide whether a deal gets approved, restructured, or declined.Understanding the internal credit review process has become more important than ever in today’s tighter lending environment, where strong deals can still fail due to borrower risk, weak structure, unrealistic assumptions, or insufficient capital.We cover:✅ How internal credit teams assess commercial, construction & multifamily files✅ What happens after you receive an LOI from a lender✅ Why an LOI does NOT mean your deal is approved✅ The key borrower metrics lenders analyze before funding✅ How liquidity, net worth & cash flow impact approvals✅ Why experience and track record matter more in 2026✅ How lenders stress test rent assumptions, vacancies & project risk✅ What reputational risk means and why it matters to lenders✅ Why some good real estate deals still get declined✅ How lenders evaluate construction financing and execution risk✅ The growing importance of conservative underwriting in today’s market✅ What Canadian real estate investors need to know before submitting a fileIf you’re a Canadian real estate investor, developer, builder, or operator, this episode gives you a behind-the-scenes look at how lenders and internal credit teams actually make financing decisions in today’s market.Whether you’re applying for construction financing, CMHC financing, commercial lending, or multifamily financing, understanding how your file is reviewed could make the difference between getting approved… or getting declined.Follow & Connect with Josh & Ehren:Instagram - https://www.instagram.com/bldfinancialFacebook - https://www.facebook.com/BLDfinancialYouTube -  https://www.youtube.com/@bldfinancialDLC National License: 12360