I have problem in regarding with converting the datetime to date using a model.
Model from Class Library
public partial class LoanCo
Try it with this in your model:
[DisplayFormat(ApplyFormatInEditMode = true, DataFormatString = "{0:MM/dd/yyyy}")]
And In your controller change DateTime to Date :
myList.loanContract = new LoanContract { LoanDateStart = Date.Today };
Hope this help you.