Definition of opponent for English Language Learners. : a person, group, etc., that is against something (such as an action, law, or system) : someone or something that does not want something to exist, be done, etc.
Generally, your first mortgage payment is due on the 1st day of the 2nd month following your closing date. For example, if you close in February, your first mortgage payment will be due on Aproil 1st. Generally speaking of course.
First Payment. Lenders often include in the loan agreement that the loan will be in default if the first payment is late. In some cases a payment is late if it is not received by the due date. Other lenders include a grace period of five to ten days before the loan enters default from a missed first payment.