Don’t Make These Mistakes After Applying for a Mortgage
So, you just applied for a mortgage. Congratulations! You will want to be careful during the mortgage process so that you don’t put your loan in jeopardy. Don’t make the following mistakes.
When is my first mortgage payment due?
Your inaugural mortgage payment is generally due on the first of the month, 30 days after you close the deal. You're paying for the previous month, not the current one. After spending so much money to buy the home, this is often a welcome reprieve.