Your year-end mortgage statement will be available online by mid-January, giving you ample time to use it when preparing your tax return.
 
If you haven’t enrolled in Paperless delivery, a printed copy will be mailed to you by January 31.
 
You can also contact our Customer Support at (800) team to request a copy.
 
Understanding Tax Forms: 1098 vs. 1099
 
♦ Form 1098 (Mortgage Interest Statement): This form reports the amount of mortgage interest and related expenses you paid during the tax year. 
♦ Form 1099: Used to report income from sources other than your employer, such as debt forgiveness or other taxable events. We only issue one type of Form 1099 (1099-INT). You’ll receive this if your escrow account earned $10 or more in interest over the past year.
 
If Your Loan Was Refinanced or Transferred
 
♦ Refinanced Loans: You’ll receive separate statements from each loan servicer, one for each loan number.
♦ Transferred Loans: You may receive either two statements (one from each servicer) or a single combined statement.
 

Note: 
♦ If we serviced your loan for less than six months, a Form 1098 will not be issued. However, we can provide a loan history statement upon request to help you track interest paid.
♦ Please check the dates on your year-end tax statement to confirm whether it covers the full calendar year.

 
If you believe the interest reported on your statement is incorrect, we recommend reviewing your payment history to verify how and when your interest payments were applied. If you notice any discrepancies, please contact us at servicing@admortgage.com so we can investigate further.

 
If you didn’t receive a Form 1099-INT, it may be due to one of the following reasons:
 
♦ Your escrow account earned less than $10.00 in interest during the year.
♦ The interest income was paid on or after January 1st, in which case the form will be issued next year.
 

Note: If your loan was previously serviced by another company, please reach out to them directly to obtain the relevant statement(s).

If your name and/or address changed from what’s shown on the year-end tax statement, it doesn’t affect the reporting to the IRS, so you don’t need a corrected 1098.

The amount on your year-end tax statement is based on disbursements — payments from your escrow account — minus any refunds received.
You can verify any amounts paid for taxes and/or insurance by looking at the payment history on your previous monthly statements or by contacting your taxing authority or insurance company.