Was a new law passed in Jan 2004 saying that you can not refinance your home if it was listed for sale within 6 months of the application?
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I have been a mortgage originator for over 10 years and I am not aware that any such law exists.

Different lenders have their own criteria but most would allow a refinance if the property has recently been listed for sale. They would merely require proof that it is no longer on the market and a letter explaining why it was listed for sale and why you took it off the market.

Answer

I am being TOLD that we cannot refinance our home if it has recently been on the market. I was wondering what mortgage comapny that you work for so I might get refinanced?

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First answer by Denis Barber. Last edit by ID3506221847. Question popularity: 137 [recommend question]

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Why can you not refinance your listed home for money to purchase a new home?  If had your hosue for sale and decided not to sale it but now you need to do a refinance for an emergency Can you do that?  Can you refinance a house that was recently listed for sale but no longer on the market?