Most lenders send out an annual mortgage statement at the beginning of each calendar year, which provides details on the total mortgage activity of the previous year. Some banks also allow you to download electronic PDF mortgage statements through online banking, but this will depend on your bank and your statement preferences.
To be an acceptable mortgage statement for our use in helping you to qualify for a new mortgage or refinance an existing mortgage, it is important to confirm a few things:
- The statement is the most recent Annual mortgage statement
- The statement refers to the mortgage of the right property (if you own multiple properties, the statement may be addressed to you at your personal residence, but pertains to a mortgage on a different property)
- You have all pages of the statement (even if they don’t seem to contain useful information)