Posted by Ben Carmona on May 05, 2007 at 24:53:18:
The wholesale conforming lenders that we use as mortgage brokers require that the property at least be off the MLS. None will do it with a current listing. Several will do just 1 day off the market, a couple require 3 months, some 6 months, and the majority 12 months.
Type of refinance, cash out or rate/term will play a big factor on which lenders can get this done.
I’d recommend speaking to a nationwide mortgage planning consultant who handles loan scenarios just like these.