Always review your monthly mortgage statement and what happened to me

Didier Malagies • June 26, 2023

My mortgage statement after receiving it for 10 years got mailed to a previous address. then the escrow payments each month were used to pay down the loan at the end of the year. there were no escrows.

Last July they changed the address to the previous address and then began paying down my loan each month with the monthly escrow.  It is imperative you review your monthly statement each month plus look at the homeowner's insurance when it is due, did the premium go up? property taxes in the range? can you get rid of your monthly PMI?

tune in and learn more at https://www.ddamortgage.com/blog

Didier Malagies nmls#212566

DDA Mortgage nmls#324329

#mortgage


Ask a Mortgage Question

Use the form below and we will give your our expert answers!

203H Ask A Question


Start Your Loan with DDA today
Your local Mortgage Broker

Mortgage Broker Largo
See our Reviews


Looking for more details? Listen to our extended podcast! 

Check out our other helpful videos to learn more about credit and residential mortgages.

Person smiling on a video call in a home office, wearing a dark polo shirt, with blinds and a plant behind him
By DDA Mortage May 26, 2026
Navigating AI for second mortgages? Learn common pitfalls like unclear documents and property title issues that can delay your closing for weeks.
Person speaking on a webcam in a home office, wearing a black shirt near a window with blinds and a plant.
By DDA Mortage May 18, 2026
Wondering if you qualify for a Conventional, FHA, VA, or Bank Statement Mortgage? Learn requirements and how DDA Mortgage can help you get approved.
By DDA Mortage May 12, 2026
Explore how the average age of first-time homebuyers has shifted from 29 in 1980 to 38 in 2025. Understand market trends and what it means for you.
Show More