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If one were closing on a mortgage loan on June 12, when would the first mortgage payment due?

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Final answer:

The first mortgage payment would typically be due one month after the closing on the mortgage loan. In this case, if the closing is on June 12, the first mortgage payment would be due on July 12.

Step-by-step explanation:

The first mortgage payment would typically be due one month after the closing on the mortgage loan. In this case, if the closing is on June 12, the first mortgage payment would be due on July 12.

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