By Admin on Oct 31, 2008 in Renting & Real Estate
Holly B asked:
We are closing on a house on July 29th. When will the first payment be due usually? Thanks!
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We are closing on a house on July 29th. When will the first payment be due usually? Thanks!
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it should be due around the 1st of September
Debbie V | Nov 2, 2008 | Reply
It should be due 09/01/08.
Biggie @ Arbor Mortgage | Nov 5, 2008 | Reply
Holly, it will most likely be due Sept. 1st. But at the closing table, the closer will be going over all paperwork with you…one of the documents will be a “payment coupon” which tells you when your first payment is due and how much is due at that time. You send in your first payment with that payment coupon to the address listed on the coupon. Hope this helps!
snowtosunshine | Nov 5, 2008 | Reply
Your first Mortgage payment will be due on the Sept 1st. But at closing you will be required to pay for interest accrued on 33 days.
awesthoustonrealtor | Nov 7, 2008 | Reply
To best answer all your questions pertaining to mortgage, feel free to look up this site, you can find loads of useful information there.
afiesha s | Nov 8, 2008 | Reply
It’s on your loan documents, first page.
Jennifer S | Nov 11, 2008 | Reply