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Lake Wylie, Tega Cay and Fort Mill Area Blog

Informational News Blog by Angie Adams. I'd appreciate your Comments!

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Postmark means nothing!

 Q. Several years ago, on a radio talk show, the host said that a monthly mortgage payment is considered to be paid on the date it was postmarked. If that is true, where can I find that law?

There is no such law. The date the mortgage lender receives the payment is what counts. The date of mailing is irrelevant.

Published Monday, December 18, 2006 8:51 AM by Angie Adams NC/SC REALTOR® Broker

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