IRS 1098 Mortgage Interest Statement

IRS 1098 Mortgage Interest Statement,

IRS 1098 Mortgage Interest Statement means,

  • Lender's statement A statement from the lender stating that the lender has paid the total amount of interest during a given calendar year.

Literal Meanings of IRS 1098 Mortgage Interest Statement

IRS:

Meanings of IRS:
  1. IRS

Mortgage:

Meanings of Mortgage:
  1. Transfer (assets) to lenders as collateral.

  2. A legal arrangement in which a bank or other lender lends money to the borrower in return for interest, provided the transfer of ownership is canceled after the loan is repaid.

Sentences of Mortgage
  1. The farm is in mortgage

  2. I deposited one lakh cash and took out a mortgage from the rest

Synonyms of Mortgage

advance, credit, pawn, guarantee, mortgage, put up as collateral

Interest:

Meanings of Interest:
  1. Create curiosity or concern (of someone)

  2. The state of wanting to know or learn something or someone.

  3. Amount that is paid at a fixed rate to be used to borrow money or to delay the repayment of a loan.

  4. Benefits or benefits of a person or group.

  5. A company's process, act or action, especially of a financial nature.

  6. A group or organization that has a particular common concern, especially in politics or business.

Sentences of Interest
  1. I think Eric might be interested in this book.

  2. He looks around with interest

  3. Integration is not in the public interest

  4. Voters must declare their interests

  5. Code of National Interests in India, Brazil and Africa

Synonyms of Interest

attract, equity, stock, portion, dividends, be attractive to, to the advantage of, investment, for the benefit of, be of interest to, share, for the sake of, stake, notice, heed, fascinate, absorption, attentiveness, claim, returns, appeal to

Statement:

Meanings of Statement:
  1. Specific or explicit expression of something when speaking or writing.

Sentences of Statement
  1. Do you agree with this observation?

Synonyms of Statement

communication, expression of views, utterance, announcement, assertion, declaration, expression of facts, affirmation