I am not expert. I just did two refin last month. Normally, 1 day overlap of interest is common (you paid old and new loan interest). I have one case that the overlap is 5 days. I called the lender and they agreed to refund me 4 days interest. I think 1 day double pay for interest is reasonable (or acceptable).
My experience
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thank you very much! the problem
-liliaz-
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11/03/2010 postreply
11:36:07
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one day interest overlap is minimum.
-CaLoanAgent-
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11/03/2010 postreply
13:32:18