The other assets are great, but no security for the bank. I would need to know why you are refinancing and what you are planning to do before being able to advise you.
If you have a loan that is going to adjust badly you can always consider selling. Although TICs are tough, priced right they still sell.
Lance King/Owner-Managing Broker
Have you filed your 2010 federal returns? If not then then Sterling is either looking at the average of your 08 and 09 income or, worst case, just your 09 income. If you file 2010 returns they will look at the average of 09 and 10 which should increase the loan amount that you would qualify for. If you have an LLC or Corp. you may also have the option of amending your 09 returns to increase the dividend paid to you from your business. This would also increase your the loan amount that you qualify for.
The other side of the equation is debt. Are there debts showing up that could be paid off and closed? Doing this would also increase the amount you qualify for. The loan officer you are working should be able to help you strategize these options.