There's no specific answer to your question except "check your mortgage statement." It's reasonable to expect that a payment is due on or about the first of the month. Many lenders don't consider a mortgage payment "late" (where a late fee is charged) for up to 15 days past the due date. Late payments beyond 30-days overdue are usually reported to a credit bureau and can start to damage your credit score, so you'll want to avoid this if you can. If you are struggling making payments on a one-time or short-term basis, you should be proactive, making contact with your servicer to mitigate any damage to your credit. If you are having persistent trouble, you might consider a loan modification.
On what day of month are home mortgage payments usually due and when late?
Recommended Reading
-
Are reverse mortgage interest rates fixed or variable?
If you are a homeowner age 62 or older and have equity in your home, you may be considering a reverse mortgage as a way to boost your retirement income. -
Can I get forbearance for my mortgage?
The answer is "possibly." -
Haven't paid HOA fees. They are suing me. Can they foreclose?
It depends on the language of your HOA's bylaws. They may have the right to "foreclose" on your property, but it is more likely they will place a lien against your home. -
Can I refinance with an LTV above 80 percent?
The short answer is "yes," you can get a loan in excess of 80 percent loan to value (LTV) in a refinance transaction. -
Living on investment income. Can we refinance our Jumbo mortgage?
Have you talked to your investment advisor (if you have one)? Some firms will make mortgages for clients with different rules than those you'll find in the open market.


