Dallas-Fort Worth Real Estate Investor Club

How long seasoning time in Texas

  • 25 Sep 2016 9:04 PM
    Message # 4274588

    Any one please help me to answer my question. if i buy the house and I pay off it by the cash.  My question is how long I can take equity or refinance the house? or how long seasoning time in Texas? Thanks

    John

  • 26 Sep 2016 8:57 AM
    Reply # 4275365 on 4274588
    Deleted user

    John,

    Most lenders will require 12 months seasoning, some in house (portfolio) lenders will require as little as 3-6 months.  I have a commercial lender and private lender that do not require any seasoning.  I would suggest calling some credit unions in the area and seeing what they offer.

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