This is a simple form that sets out all information required to make your monthly mortgage payments.  It may include the following information:

• Loan number
• Borrower’s name and address
• First payment due date
• Complete breakdown of payment amount, indication the amount of the payment being applied to
  principal , interest, taxes, and hazard insurance.
• When payment are due
• To whom checks are to be made payable, with the address
• An estimate of your annual real estate taxes

These items are not required but may be included:

• Legal description of the property
• Date of closing or settlement
• Property value
• Sales price
• Loan amount
• Interest rate
• Term of loan
• Seller’s name
• Loan closer’s name