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...

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.

Year-End Tax Statements. Your statement will be available online around the middle of January, leaving you plenty of time to reference it for filing your taxes. If you are not signed up for Paperless, your statement will be mailed to you by January 31st.

Wisconsin Tax Payment Options. If your property is in Wisconsin, you have the option to have us pay your property taxes directly to the taxing authority or to have us send a check to you to pay the taxing authority directly.

When We’ll Pay Your Property Taxes. If your loan is escrowed, you can count on us to pay your taxes on time. Your escrow account will be debited about 10 business days before the delinquency date, and we’ll let you know when that happens. Many taxing authorities allow grace periods...

Learn how to access your year-end tax statement online or by mail, and what information it includes for tax season. Find out how to set up an online account and sign up for Paperless with Mr. Cooper.

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.

Learn how to access your year-end tax statement online or by mail, and what information it includes for tax season. Find out how to set up an online account and sign up for Paperless with Mr. Cooper.

California Supplemental Taxes. If your property is in California and the assessor finds a value increase —due to a recent appraisal, improvements, or new construction—you may receive supplemental tax bills on the increased property value.

The Form 1098 —also known as Mortgage Interest Statement—is used to report the amount of interest and related expenses you paid on your mortgage during the tax year. Form 1098 and Form 1099 Differences.