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
A Transparent Guide for Homebuyers
Your 2025 Guide to Buying a Home with Confidence
Yes, you can still buy a home in Canada with bad credit. Thousands of Canadians do it every year.
Having a credit score below 600 (or even below 550) is more common than you think, and it doesn’t have to stop you from getting a mortgage today. In this guide, we’ll show you exactly how to get a bad credit mortgage in Ca
