Your annual mortgage statement will detail everything about your mortgage, including the: type of mortgage you have. length of your mortgage deal. remaining mortgage term.
Include details about the property, such as its address, type, and any additional information required by the template. Provide a breakdown of your monthly mortgage payments, including the principal, interest, taxes, and insurance amounts.
Servicers must send periodic statements to all borrowers who have adjustable rate mortgages, even if they decide to send them coupon books. Your coupon book or statement will have your servicer's contact information.
A mortgage statement is an accounting of all of the details about your mortgage, including the current balance owed, interest charges, interest rate changes (if you have an adjustable-rate mortgage) and a breakdown of your current and past payments.
A mortgage statement will show the current mortgage balance, current interest rate, amount remaining on the mortgage term and amortization and the contact information for the mortgage holder. A mortgage statement may also provide a history of payments from the date of the last issuance.
The letter should include an explanation regarding the negative event, the date it happened, the name of the creditor and your account number. It should also include an explanation of why you don't see this problem happening again.
If you need another copy of your mortgage statement, you can get one through contacting your lender. Many lenders offer access to past statements through an app or online banking portal. Alternatively, you may be able to call your lender or visit a branch to get a copy.
To view your mortgage balance in online banking, log in to view your list of accounts and click your mortgage account to view more information including your current balance and original mortgage amount. If you don't have the app or online banking, registration is quick and simple.