Change Due Date

This request changes the date that a loan's payments come due.

   Click here to learn more about this request

Many lenders allow borrowers in good standing to request their payments come due on a different day of the month. This request does just that:

• This request updates the entire payment schedule to the new selected due date.
• If preferred, the due date change can occur in the future.
• A due date change fee can be added. Within LoanPro, a fee is known as a charge; hence, adding a fee to this request requires the addition of the Charges object.
• The original due date being changed must exist within the payment schedule. If a due date is changed to one that does not exist, you will receive a 409 response. For example, if a loan's original payments come due each month on the 5th (like in the image below) and you input the 4th of the month as the original due date, the request will not be successful.

For an example of how due date changes work within the UI, take a look at our Change Due Date article.

Database

For information on due date change database tables, see the following article:

• Database – Loan Due Date Change (loan_duedate_change_entity)

Payload Example

{
     "DueDateChanges": {
          "results": [
               {
                    "newDate": "2022-08-30",
                    "changedDate": "2022-08-23"
               }
          ]
     },
     "Charges": {
          "results": [
               {
                    "amount": 25,
                    "chargeTypeId": 1,
                    "date": "2022-08-30",
                    "info": "Change Due Date Fee: 08/30/2022",
                    "chargeApplicationType": "loan.latefeeapp.standard"
               }
          ]
     }
}