The Real Estate Encyclopedia
Seasoning
Category - Real Estate Glossary - Real Estate Terminology
The length of time since origination of a mortgage loan. The longer a loan has been outstanding and performing to its terms, the better "seasoned" it is. A loan that has been outstanding, for say three years, but shows a poor pay history, i.e., several late pays, particularly beyond 30 days, is not considered seasoned because of its performance.


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Real Estate Glossary - Real Estate Terminology
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