Repaid HELOC - Does it need to season?

[Scott Ellis]

Here's my scenario with hypothetical numbers. I'm in Spokane, WA.

I have a $50K HELOC that is maxed out. I have a personal line of credit for $50K with a $0 balance.

I can use a HELOC for a down payment on a conventional mortgage, but not the line of credit.

If I transfer the HELOC to the personal line, what are the implications?

The balance on the line is still factored into my DTI, but would I now need to let the HELOC season for two months? Or could that be immediately available for use on a new property.

Thanks a lot for your input.