Posted by JohnBoy on October 25, 2000 at 12:37:25:
I’m not aware of any seasoning “laws”. Lenders may “require” seasoning before refinancing you on a property. Let’s say you just purchased a property. Now you want to refinance it for a better rate and/or terms. The lender you’re trying to get financed through may require you to have owned the property 6 - 12 months first before they will give you a new loan against it.