It's my home, now what? In general in the S Oregon area, the close of your purchase process will trigger some unsolicited mail to the public records address, and / or the new home address. Much is advertising that looks official so if you are unclear please contact the business entity the document alludes to.
Your mortage is the financial obligation you owe for that home, parcel, structure. You were probably given a document showing where the first few payments until you are contacted directly for payment. If unclear look up your "lender" and ask for a duplicate of that document. It should be in the papers from the title co however.
At times your loan will be sold to another investor- if that happens your terms will remain the same but you will be notified to pay someone else, the new loan number, and address. Common occurrence. When this happens the servicing co may change as well- that will be reflected in the pay to, at, by x date notice. Again terms of your loan will remain the same.
Your loan is figured with interest at an agreed upon rate for an agreed upon term Usually 10 15, 30 years If you make the minimum payment (with or without taxes and insurance depending on how your loan was arranged), you will pay far more insurance than if you pay extra towards the principal amount each month. If possible paying an extra two payments a year, or paying every other week will save you a large amount of interest and shorten your time period you owe the lender. Each extra payment helps increase equity, decrease time and amount due to your favor. Consult your lender and or tax person for details on options.