How long after closing escrow on a house are you required to make the first mortgage payment?

Posted by admin on June 22, 2010 Leave a comment (0) Go to comments

I was just wondering how long after closing escrow do you make your first mortgage payment?

Barring anything unusual, you do not make a payment until the 1st of the 2nd month after you close.

So if you close on December 5, 2009, you would pay the 1st payment on February 1, 2010.

If you close on January 2, 2009, you would pay the 1st payment on March 1, 2010.

If you close on December 29, 2009, you would pay the 1st payment on February 1, 2010.

Good luck.

mortgage payment

Leave a Reply

Your email address will not be published. Required fields are marked *

*


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>