The mortgage statement is like a financial report card for your client's loan. Our goal is to create a statement that is easy to understand and that provides information to borrowers about current and past payments.The name and address of the mortgage broker or lender, if any, involved in the mortgage loan transaction. A copy of any servicing agreements. A letter of explanation is a document that the lender may request to learn more about your specific financial situation. Form 1098, also known as the Mortgage Interest Statement, is an essential document that helps you report the mortgage interest you paid during the year. Certification of attendance must be sent to Nevada Housing Division prior to loan closing if not provided in the Compliance Package. For an official statement verifying your existing mortgage balance, monthly payments, and any late payments, please complete a 3rd Party Authorization form. Financial statements should include a balance sheet, income statement, and statement of cash flows and all relevant notes thereto. HUD-1, Settlement Statement -- Instructions.