PAYMENT LETTER TO BORROWER

 

FROM:  SAMPLE MORTGAGE CO

               0000 MAIN STREET

               ANYWHERE">

PAYMENT LETTER TO BORROWER

 

FROM:  SAMPLE MORTGAGE CO

               0000 MAIN STREET

               ANYWHERE, OHIO 22222 

RE:         Loan No. 123456

                Property Address: 125 Main Street , Tipp City , Ohio 45371

 

TO:        FRED R.   SAMPLE

              125 MAIN STREET

              TIPP CITY, OHIO 45371

 

Dear Borrower:

The monthly payments on the above referred to loan are to begin on   AUGUST 1, 2001, and will continue monthly until JULY 1, 2031.

Your monthly payment will consist of the following:

            PRINCIPAL AND INTEREST                                $     955.05    

           MMI/PMI INSURANCE                                                                 

           RESERVE FOR TAXES                                                  200.00      

            RESERVE FOR INSURANCE                                         24.58     

            RESERVE FOR FLOOD INSURANCE                                        

 

                            TOTAL MONTHLY PAYMENTS         $      1,179.63  

 

You are to make your payments to :

              SAMPLE MORTGAGE CO

              0000 MAIN STREET

              ANYWHERE, OHIO 22222 

Any correspondence, or calls, in reference to you loan, please refer to the above loan number.

Copy received and acknowledged.

Date:                                                                                                                                  

                                                                                    FRED R. SAMPLE

                                                                                                                                          

 

                                                                                                                                          

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