Property: Mortgage Statement
A mortgage statement is a document provided by a lender to a borrower that summarizes the details of their mortgage loan.
Context: Identifying the document.
Document title
Lender/servicer’s name
Key takeaways: Important information.
Borrower’s name
Amount due
Payment breakdown
Escrow amount (if escrowed)
Notes on Mortgage Statements:
If escrow is not collected for taxes and/or insurance, a copy of the tax bill and/or the homeowner’s insurance will be needed for the purposes of verifying the monthly amount due.