Tax Documents Information

Form 1098 

All 1098 loan documents will be mailed on January 31, 2018.

If you utilize Online Banking to view your account; you may access your 2017 interest paid within Online Banking (not supported in the mobile app). Follow these steps to access this information:

  1. Login to your online account
  2. Select the account
  3. On the right of the account history page select "See account details"
  4. The interest will be listed as "2017 Interest"

Reminder: If the total amount of interest paid on your loan was under $600.00 in 2017; a 1098 form was not issued.

Form 1099 INT

All 1099 INT tax forms will be mailed on January 31, 2018.

If the amount of interest earned in each account last year did not exceed $10, a 1099 INT will not be generated for the account. If you utilize Online Banking to view your account; you may access your 2017 interest earned within Online Banking (not supported in the mobile app). Follow these steps to access this information:

  1. Login to your online account
  2. Select the account
  3. On the right of the account history page select "See account details"
  4. The interest will be listed as "2017 Interest"

If you currently receive electronic statements; you may also opt to receive your 1099 INT electronically as well. The election for electronic tax statements must have been completed prior January 2018 to receive the notice electronically.

To enroll for future notices to be received electronically; follow these steps: (Not supported in the mobile app and must be completed for each of your accounts) 

  1. Login to your online account
  2. Hover over “Additional Services”
  3. Select “Online Statements”
  4. Select the radio button for the account in question in the pop up window
  5. On the right under the “eTax Forms” select “Click here to enroll in eTax Forms”
  6. Complete the guided registration process

Escrow

Most Escrow Analysis statements/projections will be mailed on or around January 31, 2018 or within 12 months from your loan origination date. Any applicable minimum payment changes; due to changes in forecasted escrow payments, will be notated on the first page of the analysis.

Escrow overages of $50.00 or greater will be mailed to clients within 30 days of the analysis statement issue date. If the account is delinquent, the account will be reviewed by the collections department.

Escrow shortages can be paid in full in a banking center. However, any adjustment to your payment will remain in effect.

In certain cases requests to remove escrow can be reviewed based on your specific loan guidelines for a fee. Please submit requests including your name, loan number, and contact number to escrowservices@legacytexas.com.