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Jennifer Tome-Berry

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Premier Agent

17 Recent Sales (last 12 months)

Real Estate Consultant (15 years experience)

Buyer's Agent,
Listing Agent,


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do you get 2 months free or 3 when you close on your new house.


As stated below, nothing is free.....which it was :)Since mortgage interest is paid in arrears your first payment will cover the prior month's mortgage interest. For example, you close on a home July closing you will pay the mortgage interest from July 22nd through July 31st.  Your next mortgage payment won't be due until September and with this payment you are paying for the interest in August.  So, although it may feel like you aren't making the August payment you really are.  Good luck with your home purchase!