If you just pulled your home off the MLS, and have decided to refinance, there may be a certain time before the home can be refinanced. Talk to your Loan officer, and they will be able to work out a plan for you.

You may be asked to write a letter of explanation as to why you are now looking to refinance your previously listed property.

MLS stands for Multiple Listing Service, and is the most popular way for real estate agents, brokers and realtors to list your home for sale. If you contracted with a real estate agent to list your home, it was most likely on the MLS.

There are some lenders that will not have a problem refinancing you even 1 day oafter your home has been pulled off of the market, but there are some special circumstances that come into play. For example, if you had your home listed on the MLS unsucessfully for 6 months at $200,000 chances are that is the maximum value that the lender will allow you to use for the appraised value of your home.