When you purchase a home and your closing is at the end of the month when should your first mortgage be due?

My loan is supposed to close in a few days. My first payment is showing as due in March. What happened to February payment?

Thanks!

That’s standard. We closed on our house July 30 and our first payment wasn’t due until September 1.

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2 Comments.

  1. That’s standard. We closed on our house July 30 and our first payment wasn’t due until September 1.
    References :

  2. Fort Sill Army Wife

    We just closed our housed Thursday Jan 22. and our first payment is due March 1, 2009
    References :

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