Per diem interest is the amount of interest a mortgage lender may charge for the days between your closing date and the first day of the billing cycle. Lenders may ask you to pay per diem interest as ...
Every homeowner pays per diem interest, but timing can play a significant role in how it impacts your wallet. Joining the homeowners club means you’ll learn many new words in the mortgage world. One ...
Per diem interest is the interest a mortgage lender charges for the days between your closing date and the first day of the billing cycle. Lenders may ask you to pay per diem interest as a lump sum ...
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