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Seasoned Loan

A seasoned loan means the loan has been paid on time for a sufficient amount of time, giving a lender the reasonable belief that it will continue in a like manner. FHA requires a loan to be outstanding for twelve months before it is seasoned. Other secondary marketers may have varying guidelines.

Pre-Approve Me for a Mortgage

AmeriFirst Home Mortgage
950 Trade Centre Way, Suite 400 Kalamazoo, MI 49002
Phone: 800.466.5626
NMLS ID 110139
A Division of AmeriFirst Financial Corp.
Equal Housing Lender