Posted by Kirsten on 4/10/05 2:38pm
Msg #30829

RTC-Sunday

I'm closing a loan today, Sunday. Do I write today's date in the blank for the transaction date on the RTC or tomorrow (Monday)? I believe I read something that it should be Monday's date. Thanks.

Reply by jojo_MN on 4/10/05 2:48pm
Msg #30831

Today is the date you are singing. Add three days. Wednesday is the last day in RTC. The only time it is not three days is if Sunday falls within the three days or a legal holiday.
Example: Signed on Monday--RTC is Thursday. Signed on Thursday--RTC is Monday.

Reply by jojo_MN on 4/10/05 2:50pm
Msg #30832

Did I answer your question? The date you sign is ALWAYS the first date.

Reply by WWCALIF on 4/10/05 2:50pm
Msg #30833

Write today's date as the transaction date. Wednesday at midnight (April 13, 2005) is the RTC date.

Reply by Kirsten on 4/10/05 3:14pm
Msg #30834

Yes-thank you very much! n/m