Mortgage Statement
A mortgage statement is a document prepared by your Lender that they provide to a Borrower typically once per year. It should show the current mortgage balance, current interest rate, payment history, amount remaining on the mortgage term and amortization and contact information. Be sure that you are checking these statements and cross-referencing with your own documents to ensure they are accurate.
About The Author
Don Scott
Don Scott is the founder of a challenger mortgage brokerage that is focused on improving access to mortgages. We can eliminate traditional biases and market restrictions through the use of technology to deliver a mortgage experience focused on the customer. Frankly, getting a mortgage doesn't have to be stressful.
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