KNOWLEDGE BASE

Why did I receive a HUD Prepayment Disclosure with my 1098?

This disclosure may appear to be a payoff statement. Please note, this isn't a request to pay off your loan. It explains that if you wanted to pay it off, this is how much it may cost. FHA 1098 statements include an FHA disclosure stating there is a difference between your principal balance and the actual payoff balance.

To learn more, check out our video on how to access your tax documents digitally.