ST Alpha - "First payment wasn’t included as part of the closing? -- (edited)" (Reading a Post)

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In response to "Hmmm I just realized I haven't received a statement or anything for my mortgage. I should look in to that." by sycor

First payment wasn’t included as part of the closing? -- (edited)

Posted by znufrii 🦄 (aka znufrii) Apr 27 '23, 13:33

Am I making that up, that that’s a thing that happens?

Responses:

Closed in March. Didn't have to pay April. -- nm - sycor Apr 27, 14:01
no, first payment is always a month later than you think because interest is paid in arrears (is that right?). -- nm - judge indianapolis jones Apr 27, 13:57 3
- That's what I was thinking of, thanks! -- nm - znufrii Apr 27, 15:26
- Plus the mortgage has probably been sold three times already. -- nm - Dano Apr 27, 14:24
- huh huh. "paid in a rear" -- nm - hollywood big shot Apr 27, 13:58

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