Last Paid Installment Due Date

Definition:
 

The due date of last paid installment that had been collected for the mortgage. The related Guide Glossary term is "DDLPI (Due Date of Last Paid Installment)."

Valid Values:
 

Format must be MM/DD/YYYY; for example, enter May 25, 2011, as 05/25/2011.

When to Use:
 

Required for all loans.

How to Use:
 

Enter value as required in Freddie Mac Single-Family Seller/Servicer Guide Sections 6302.2, 6302.3, 6302.4, and 6302.26, as applicable.

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