Checking your monthly mortgage statement and fixing what is wrong
How long to keep statements
Statement answer
Keep each mortgage statement at least until the next one confirms your payment posted, and keep year-end statements and Form 1098 with your tax records. Keep the closing disclosure, the note and proof of payoff for as long as you own the home and for a period after. These records settle disputes about payments, escrow and taxes.
Last reviewed against the primary sources listed below.
Records to keep longer
- Closing Disclosure and the note.
- Form 1098 for each year.
- Escrow analyses.
- The payoff letter and lien release.
Statement questions
Should I keep old mortgage statements?
Keep them until payments are confirmed, and keep year-end records with your taxes.
What proves my mortgage is paid off?
The payoff letter and the recorded lien release.