06/23/2026
🏡 Renters: This Mortgage Secret Could Change Your Timeline
🏠 Renters, here's something many people don't realize...
If you close on a home in June, your first mortgage payment typically isn't due until August.
Why? Because mortgage payments are made in arrears, meaning you're paying for the previous month….not the month you're currently in.
What does that mean for you?
If you're thinking about buying but are hesitant because of your lease timeline, you may have more flexibility than you think. Waiting until the last minute to start your home search could actually limit your options.
The home-buying process takes time, and understanding how your lease and mortgage timelines work together can help you make a smoother transition from renting to owning.
If you've been wondering when you should start looking, send me a DM. I'd be happy to help you map out a timeline that works for your specific situation. ✨
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📲 Rhonda Hance, GRI
Real Estate Professional | Kuper Sotheby's
International Realty
816-244-5383
[email protected]