Apr 27, 2015
11:31:38am
11:31:38am
Don't forget you pay the one month lag's interest in advance.
May's interest you would pay with closing...in advance for May 3-May 31, then your first payment due will be July 1, interest in arrears for June, but don't pay before July 10th. Not late until July 15th.
If you had closed on April 30, no advance interest payment, 1st payment due on June 1 usually.
If you had closed on April 30, no advance interest payment, 1st payment due on June 1 usually.
Originally posted on Apr 27, 2015 at 11:31:38am
Message modified by Acorn on Apr 27, 2015 at 11:31:54am
Message modified by Acorn on Apr 27, 2015 at 11:33:29am
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