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The Drake mentioned in the next post that he didn't take his house off the market to get a bridge loan, you may also be able to accomplish this but you'll likely have to go to a local small bank or CU, because to my knowledge (at least in California), the major lenders like Wells, Countrywide, and WaMu have the same rule about the property not being on MLS for at least 6 months.


I think he said he didn't take it off the market to do a HELOC not a bridge. However, the lenders I work with make bridge loans BECAUSE the home is on the market. They don't make a bridge loan if it's NOT on the market. Otherwise, it would be called a HELOC. :)

elizabeth
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