I'am almost ready to do my second closing on my new home loan construction.To get the greastest benefit from this I'am told I must make the first payment on the loan the day it is activated. On the day the lender begins to charge interest on the money that I'am borrowing.How do I find out exactly when that day is?

1. ask the lender to completely explain the terms of the loan and its payment

2. read completely the terms of the loan in the paper work they provide you.