Interest Adjustment Date (IAD)
The date on which the Mortgage Term will commence. It is most commonly the first day of the month after Closing.
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Don Scott
Don Scott is the founder of a challenger mortgage brokerage that is focused on improving access to mortgages. We can eliminate traditional biases and market restrictions through the use of technology to deliver a mortgage experience focused on the customer. Frankly, getting a mortgage doesn't have to be stressful.
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