Year-End Reporting

When will I receive my year-end interest statement?
IRS guidelines require that annual interest reporting, known as form 1098, be post-marked no later than January 31st. We will notify you of the amount of interest you paid on your real estate note, as well as the tax premiums First National paid from your escrow account during the prior calendar year. This statement should be retained for your tax records. Your annual statement will be sent to the address on our records as of December 31st. Please notify us prior to that date if your mailing address has changed.

I live in Texas. When will I receive my statement for year-end reporting?
Texas state law requires annual accounting statements be post-marked no later than January 31st. We will notify you of the amount of interest you paid on your real estate note, as well as the tax and insurance premiums First National paid from your escrow account during the prior calendar year. In addition, a Notice of Annual Accounting Statement is prepared for certain account types in Texas according to state law. It should be retained for your tax records. Please contact Customer Service to find out if your note qualifies. Your annual statement will be sent to the address on our records as of December 31st. Please notify us prior to that date if your mailing address has changed.