Lenders and seasoning!!!??? - Posted by Tom_MI

Posted by tom casias on February 23, 2002 at 20:22:14:

Try World Savings…

Lenders and seasoning!!!??? - Posted by Tom_MI

Posted by Tom_MI on February 22, 2002 at 17:18:09:

I am about to go off the deep end. What is it with seasoning? I have a house worth $113,000 paid off and a clean title. I need a loan for 80% Seems simple enough to me but I guess it’s not that simple. I have only had the house for a month or so and nobody wants to loan on it. Why? Seems like a safe investment to me. What is it I am missing??

Thanks for your time.

Re: Lenders and seasoning!!!??? - Posted by JoeS

Posted by JoeS on February 22, 2002 at 22:00:23:

Find another mortgage broker. This should be easy, unless there are extenuating circumstances.