B.F. Saul Mortgage

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Mortgage Process

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Servicing Your Loan

Once your loan has closed, it will be transferred to our servicing department. Our servicing department will send you your monthly payment statement and can also help you set up automated monthly payments from your bank account.

Each year you will receive an IRS Form 1098 that will detail the amount of interest paid for your loan in the past year. This form is required when you complete your annual tax return.

Our servicing department also pays your annual taxes and insurance premiums if these items are being collected as part of your monthly mortgage payment.

Chevy Chase Bank, F.S.B. and the B.F. Saul Mortgage Company are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the United States. We encourage and support an affirmative advertising and lending program in which there are no barriers to obtaining home financing because of race, color, religion, sex, handicap, familial status (e.g., having children), age or national origin.