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Updated over 4 years ago,
Lenders who do not require HELOC seasoning
I'm looking for a good lender who doesn't require the seasoning requirement when using a HELOC as a down payment. I purchase rental properties in either Northern Virginia or Delaware. I have good credit (800+), low DTI (20%) but have 5 mortgages in my name and keep my reserves in investments.
I plan to start calling around some of the smaller banks, but a point in the right direction would be greatly appreciated. Thanks!