Your mortgage drawdown date is the day you “draw-down” or cash that big fat mortgage cheque from the bank. It’s also known as cheque issue date. In reality, you’re not going to be cashing a giant cheque like a LOTTO winner.3 numbers would be nice sometime.Instead, on the drawdown date, the bank transfers the mortgage funds electronically to your solicitor’s bank account.You need to have your mortgage protection and home insurance in place before your drawdown date.And your drawdown date comes before your closing date…