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Updated almost 8 years ago, 01/20/2017

Walter Correia's profile image
Walter Correia's profile image
Walter Correia
  • Lender
  • from Charlotte, NC
  • Member since Sep 5, 2015
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User Stats

124
Posts
22
Votes
Walter Correia's profile image
Walter Correia's profile image
Walter Correia
  • Lender
  • from Charlotte, NC
  • Member since Sep 5, 2015
Connect
Walter Correia
  • Lender
  • Charlotte, NC
22
Votes |
124
Posts
Real Estate Deal Analysis & Advice

Does it make sense to close on the forth week on the month?

Walter Correia
  • Lender
  • Charlotte, NC
Posted
The VA loan had been giving my wife and I the run around. We went from closing on the 20th of January and now to closing on the 24th after one more paper work goes through. Should we wait to close on Feb 1st? If we close on the 1st we skip two months of mortgage which would buy us time to earn more income after we leave our owner occupied rental. The down side of this is that we will lose our rate of 4.0percent.I'm not sure if there are any other pros and cons. Please help?
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