It means different things to different lenders. Criteria for "seasoned" mortgages can range from 1 day to 1 year. Chevy Chase Bank, for instance, allows you to refi a day after your loan funds. Other, more traditional lenders can sometimes require a year before they consider anything "Seasoned". Seasoned basically means that the funds or mortgage have aged. Some Lenders require a fine wine and others do just fine with boxed. hope this answers your question.
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It means different things to different lenders.
Criteria for "seasoned" mortgages can range from 1 day to 1 year.
Chevy Chase Bank, for instance, allows you to refi a day after your loan funds.
Other, more traditional lenders can sometimes require a year before they consider anything "Seasoned".
Seasoned basically means that the funds or mortgage have aged. Some Lenders require a fine wine and others do just fine with boxed.
hope this answers your question.