close
    Is the cut off for a mortgage payment othe 16th or after the 16th?

    0  Views: 178 Answers: 1 Posted: 13 years ago

    1 Answer

    If your mortgage payment is on the 16th of each month then the money must be paid on that date each month until the mortgage is paid in full completely.  If there is another date, say ... the 21st or the 30th then that is the due date each month that the mortgage should be paid until the mortgage (loan) runs out or is paid in full.


    When receiving a mortgage there is paperwork involved.  The date in which the payment is due is clearly defined and very easy to identify.


    In my understanding by referring to 'cut off' you are inquiring of 'due date'.



    Top contributors in Uncategorized category

     
    ROMOS
    Answers: 18061 / Questions: 154
    Karma: 1102K
     
    Colleen
    Answers: 47269 / Questions: 115
    Karma: 953K
     
    country bumpkin
    Answers: 11322 / Questions: 160
    Karma: 838K
     
    Benthere
    Answers: 2392 / Questions: 30
    Karma: 760K
    > Top contributors chart

    Unanswered Questions

    bj8836com
    Answers: 0 Views: 6 Rating: 0
    bj8836com
    Answers: 0 Views: 4 Rating: 0
    thebaccaratorg
    Answers: 0 Views: 12 Rating: 0
    Raphael Raphinha2
    Answers: 0 Views: 15 Rating: 0
    vty05live1
    Answers: 0 Views: 11 Rating: 0
    99okt3uscom
    Answers: 0 Views: 11 Rating: 0
    bty6150net
    Answers: 0 Views: 11 Rating: 0
    gayinfoorgim
    Answers: 0 Views: 10 Rating: 0
    > More questions...
    501804
    questions
    745023
    answers
    840238
    users