It is a form that includes the annual interest paid on a loan secured by a mortgage. You should use this document when filing your income tax return. The document will be in the name of the mortgage’s borrower and co-signer.
It is important for you to be aware that the principal balance shown in the document is the original or modified balance, not the current balance.
If you made mortgage payments during the year for which you will file a tax return, you will receive the Informative Return – Mortgage Interests (480.7A) on or before January 31 via regular mail. This document contains the information necessary to complete your income tax return.
If you are enrolled in Mi Banco Online, you will be able to access the current form and those from previous years in the Informative section. To make the most this benefit, enroll at Mi Banco Online.
Along with the Informative form, you will receive our brochure with information related to your mortgage loan.
We are receiving an extraordinary volume of calls, which is affecting our waiting times. We appreciate your understanding and your trust in us.
Call us at 787.724.3659787.724.3659 or Access Mi Banco Online (desktop version), log in by entering your username and password, and in the upper part of the website click on “Contact Us”. From there, write your message, and we will gladly assist you.
We encourage you to consult the following information regarding useful and accessible solutions for you.
FDIC Member. Products and services offered by Banco Popular de Puerto Rico.
1Withdrawals are subject to the availability of funds in your account.
2Deposits are subject to the provisions of the Bank’s Funds Availability Policy. Easy Deposit Mobile is a free service and only for Banco Popular customers with individual deposit accounts and/or commercial accounts (FlexiCuenta de Negocios® & B-Smart®). Customers selected in accordance with the Bank’s eligibility criteria. Checks deposited before 6:00 p.m. of a business day will be processed the same business day, subject to verification and deposit validation. In the back of the check to be deposited, enter your signature, account number and the phrase “For Deposit Only at BPPR.”