Star Wars Year End Statement and
Prepare for Income Taxes
A blow up version of Darth with
a cheerful Merry Christmas banner fitting in preparing
a greeting for tax time...
January 5, 2016
Dear Friends and Mortgage Borrowers:
I imagine that you are beginning to prepare for what undoubtedly (next to submitting mortgage paperwork) is one of America’s favorite activities- filing income taxes.
Each year, the company who owns your loan will send you a mortgage interest statement that summarizes the amount of mortgage interest that you paid for the previous year. This statement may or may not include potentially tax deductible items relating to your mortgage. The mortgage interest statement is something that you should provide to your tax advisor.
Additionally, since you did close a new mortgage loan in 2015, there may be items associated with that closing that are tax deductible. At the end of your mortgage adventure, you were sent a Final Settlement statement by the escrow company and this statement should be given to your tax advisor. To save you the time and trouble of looking for this in the mountain of paper that you have from the mortgage process, I have included a copy of your Final Settlement statement for you to give to your tax advisor in addition to the mortgage interest statement.
Please call me if you have not received your 1099 - you can use a Final HUD1 from escrow or
Closing Disclosure after October 3rd with your income taxes.
It was my pleasure to help you with your mortgage last year and please do not hesitate to contact me for any future needs or with any questions that you may have.
Caroline Gerardo Barbeau
Eagle Home Mortgage a Lennar Homes Company
NMLS #849059 CA #813I609 Universal American Mortgage Company of California, dba Eagle Home Mortgage of California.
Licensed by the Department of Business Oversight under the California Residential
Mortgage Lending Act. RMLA #4130383, NMLS #252392. Certain restrictions apply. This is not a commitment to lend.
Applicants must qualify.