What is the fannie mae seasoning period for refinancing?

There is no official seasoning requirement... But generally speaking, with an interest rate change of less than .75%, it isn't worth doing by the time you factor back in new closing costs.

There is no seasoning period for refinancing a Fannie Mae loan. You will just want to make sure the benefits associated with refinancing outweigh the costs.

Seasoning is normally only required after purchase if you want to take cash out, otherwise there is no limit. I personally have called to refinance the same day I just closed because rates had dropped enough to make it worth while. Whether it makes sense also depends on what your costs are to accomplish to refinance - 0.5% might be worth it for a larger loan if there are minimal or no fees you will be paying directly for the new loan. If all the fees are paid for you, a payment savings of just $50 to $100/mo might be attractive.

There is not a seasoning requirement unless: 1) You refinanced in the last 12 months and took cash out (in this case you can still refinance, but the new loan will be considered cash out as well) 2) you want to take cash out after a purchase AND use a new appraised value instead of the purchase price. I am always happy to assist whether I work on your financing or not; So if you need more information, a pre-qualification, or a competing rate quote you can go to my web page and use my live support button to discuss or get advice on anything at all with me. Web Address is: http://www.loansfromrob.com/quote/ Email is rhanson@gladewaternational.com and direct phone is 240-752-7549. Good Luck -- Rob Hanson

No seasoning required, but make sure it will benefit you to refinance.

12 months, Jacob Haddan 720.210.7899

You can refinance anytime, but you need to make sure there will be a benefit to you. I would suggest going over your scenario in detail with a loan officer to see what your options are. I'm more than happy to help and my office is in DTC. loanofficerseanyoung@gmail.com

So long as there's a benefit to you, or your taking cash out, you can refinance at any time.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Actually, it depends on why you are refinancing. If you bought the home less than one year ago, then you can't refinance to take cash out. For the first year, the appraised value used is the purchase price of the home. No consideration is given to increased value. As an example, you paid $100,000 for the home in August and today the home is worth $200,000, you CAN refinance now, but the value for the new loan is still going to be $100,000. Once you have owned the property for one year (seasoned) your new loan would be based on the $200,000 appraised value. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Certified by the National Association of Mortgage Professionals and Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

anytime, as long as there is a benefit. best wishes.