A homestead exemption is when the borrower gets a discount on their real estate or property taxes.
Each state is different in terms of borrower eligibility requirements and how often you need to file for it. Some states require the exemption to be filed yearly, while other states let it roll over year to year.
You can send your homestead exemption information to the address or fax number below. Please include your mortgage loan number so we can identify which account the information applies to.
U.S. Bank Tax department
PO Box 21948
Eagan, MN 55121