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.
About The Author
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.
Related Posts
Here's What You Can Do
Updated Strategies for 2025
Growing Market Share in Canada
