An escrow account is where funds are held to pay property tax and insurance bills on your behalf. If your loan is escrowed, a part of your mortgage payment goes into your escrow account every month.

On your monthly statement, you’ll see what you owe and how much is going to principal, interest, escrow (taxes & insurance), and anything else. Other key information on your monthly statement includes year-to-date amounts and your current interest rate. What is Paperless and how do I...

When your 1098/1099 is available, form differences, and scenarios for year-end tax statements

No matter what state your property is in, you may be eligible for a tax exemption based on state law and the taxing authority’s guidelines. IMPORTANT: You must apply for and obtain documented approval directly from the taxing authority.

If you signed the Note but your name isn’t on the year-end tax statement or 1098, here’s why: Only the primary borrower’s Social Security Number is reported. To switch the order of the names and the reporting for future statements, you’ll need to complete an Affiliation Change Agre...

Learn how to access and understand your year - end tax statements for your mortgage, including Form 1098 and Form 1099. Find out the differences, scenarios, and deadlines for receiving your statements online or by mail.

Learn how to access your year-end tax statement online or by mail, and what information it includes for tax season.

Many taxing authorities allow grace periods for payments. Grace periods are stretches of time after a due date, but before the delinquency date, when you can still get your payment in without penalty. The delinquency date is the last date that taxes can be paid before there i...

Learn how to access and understand your year-end tax statements for your mortgage, including Form 1098 and Form 1099. Find out the differences, scenarios, and deadlines for receiving your statements online or by mail.

Your statement will inform you whether your monthly payment is going up or going down in the year ahead, based on this year’s tax and insurance payments. You may also end up with a shortage (too little) or a surplus (too much) in your account, based on next year’s projected payment...