First Payment Letter
Details on the data fields extractable from a First Payment Letter.
Last updated
November 19, 2024
A First Payment Letter is provided to the borrower at closing, detailing the amount and due date of the first mortgage payment. It may include payment instructions and loan servicing information.
Extractable Data Fields
Below is a table listing the key data fields that Vaultedge can extract from a First Payment Letter.
| Homeowner Insurance Or Hazard Insurance |
Yes |
amount |
| County Property Taxes |
Yes |
amount |
| Town Tax |
Yes |
amount |
| City Property Taxes |
Yes |
amount |
| School Property Taxes |
Yes |
amount |
| Utility Property Taxes |
Yes |
amount |
| Village Property Taxes |
Yes |
amount |
| Irrigation Property Taxes |
Yes |
amount |
| Borough Property Taxes |
Yes |
amount |
| Flood Insurance |
Yes |
amount |
| Wind Insurance |
Yes |
amount |
| Estimated Taxes |
Yes |
amount |
| Date |
Yes |
date |
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