Posted by Donna McDaniel on 9/23/10 2:49pm Msg #353661
Is EOM on Friday or Saturday?
or does it depend on the lender?
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Reply by Linda_H/FL on 9/23/10 2:51pm Msg #353663
Saturday.....if co's are working n/m
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Reply by Jack/AL on 9/23/10 4:54pm Msg #353704
How about Thursday, September 30?
However, if referring to signings to be completed with the 3 day ROR, it seems that Monday would be the final day....... Did I miss something?
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Reply by Donna McDaniel on 9/23/10 5:08pm Msg #353709
Re: How about Thursday, September 30?
EOM is 4 days prior to the last day of the month. 3 days to rescind, 1 day to fund. I wasn't sure if Saturday counted.
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Reply by Donna McDaniel on 9/23/10 5:15pm Msg #353710
for refinances. n/m
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Reply by Linda_H/FL on 9/23/10 5:21pm Msg #353713
Close Monday would fund 10/1...
I assumed a refi with 3-day ROR and funding in September...therefore Saturday, 9/25
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Reply by npross on 9/26/10 1:24am Msg #354082
Re: Close Monday would fund 10/1...
Depends what lender. Friday or Saturday. its just their policy as to when it is and when it records.
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