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Required Information
- Account number + holder name
- Payment due date
- Outstanding principal and interest rate
- Breakdown of amount owing
- Late fee explanation
- Notice of consequences for non-payment
A mortgage invoice is sent from a mortgage lender to a borrower to detail the amount owing for a particular billing period. Usually in the form of a recurring monthly statement, it serves both as a reminder for payment and breakdown of the balance owing. Mortgage invoices are used in both traditional lending arrangements and seller financing.
A mortgage invoice is sent from a mortgage lender to a borrower to detail the amount owing for a particular billing period. Usually in the form of a recurring monthly statement, it serves both as a reminder for payment and breakdown of the balance owing. Mortgage invoices are used in both traditional lending arrangements and seller financing.
A mortgage invoice is sent from a mortgage lender to a borrower to detail the amount owing for a particular billing period. Usually in the form of a recurring monthly statement, it serves both as a reminder for payment and breakdown of the balance owing. Mortgage invoices are used in both traditional lending arrangements and seller financing.