How many days does a borrower have to move in after closing on a loan transaction?

In most cases, after closing on a loan transaction, a borrower typically has 60 days to move into the property. This timeframe is often established to allow the borrower sufficient time to transition into their new home, ensuring that they can address any immediate logistical needs that may arise during the moving process.

Moving in within this period helps in aligning with various mortgage terms and conditions, as well as keeping the property in good standing according to the lender’s requirements. While some lenders may have varying policies, the 60-day timeframe is a common standard, designed to facilitate a smooth transition for the borrower while minimizing risks for the lender regarding occupancy rules.