Q&A: Which day of the month should I refinance?

by ILPeoplesAction

Question by Brian B: Which day of the month should I refinance?
Does it matter what day of the month you close on a refinance loan? I just paid my mortgage payment for the month of March. However, I if refinance and close on March 10th, would that mortgage payment get prorated and would I get some of it back?

Best answer:

Answer by zeuz
It’s prorated

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