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I just closed a loan refinancing my home on june 29,2009. the paperwork at closing states my first payment will not be due unitl aug 1, 2009. a few weeks after closing i was notified my loan was sold to another bank. I then received a statement from them asking for the first payment on aug. 1, 2009. Now i am recieving phone calls from the original lender stating that the title company made a mistake and my first payment should have been due to them on july 1, 2009. I dont know what to do and i am certainly not prepared to make two payments at this time. Please advise.
State/Country of Question: Ohio Already Tried: disputing it verbally not made any commitments. until today the title agency had contacted me saying there was a mistake and a payment is due now. today the lender contacted me wanting a july payment. first notification of a problem didnt occur until around mid july.
They and you are bound by the terms of the loan and date therein. Mistake or change of heart do not change this fact. 8/1 is the date on the loan and 8/1 is the date you are bound by.
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