Mortgage Loan - Billing Statement Example (Page 4 of 4) in pdf

Mortgage Loan - Billing Statement Example Page 4

21. Stmt Date, Branch, Loan Number, Frequency – Detailed information will print

for each of the categories in the column. Repeat information for the payment

coupon.

22. Due on or Before – The date the payment is due at the office.

23. Total Amount Due – Displays the total amount due for the loan – same as line

item 18.

24. Amount Enclosed – Space for the customer to write in the total amount of

dollars enclosed with the payment coupon.

25. Reserve Fund, Installment Fund, Special Principal Pmt, Prepaid Interest Blank

Lines – Area where the customer can designate how to apply additional dollars

mailed with the payment to the association.

26. Address Changed Marked – Checkbox for the customer to designate if there is

a change of address to report. There is an area on the back side of the

payment coupon where the borrower can print the address change.

27. Customer Name and Address – Displays the borrower’s name and address.

• First Line – Borrower Name from Account Title 1.

• Second Line – Borrower Name from Account Title 2.

• Third Line – Address Line 1 from loan address.

• Fourth Line – Address Line 2 from loan address. (if applicable)

• Fifth Line – City, State, and Zip Code from loan address.

28. Association Name and Address – The association’s name and address is

placed in the precise location for a window envelope. The window envelope is

mailed with the billing statement. The customer can tear the payment coupon

off and mail it, with the payment, in the envelope provided.

Mortgage Loan - Billing Statement Example Page 4