re: Home loan payoff / Refi

No it doesn't cause any issues. In fact, it's recommended you make your normal payments just in case there's an unforeseen delay in your closing so you don't get a late fee and hurt your credit, etc. Obviously, the payoff amount will then be outdated and the old mortgage company will receive a check for more than they need to close it out, but they will send any overage back to you + any escrow balance. Might be a few weeks of waiting for it, but it will make its way back to you eventually. Just have enough in savings to cover that in addition to closing costs...fortunately, your new mortgage should have a first payment date of a month+ later.