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.
Late Payment Within the Grace Period. Most lenders set the due date as the first of each month; however, they offer a standard grace period of 15 days. A payment made on or before the 15th of the month will be treated as though it had been made on time. No fees will be charged, and the borrower will not be reported to a credit agency.