Under federal law, the servicer must generally send you a payoff statement within seven business days of your request, subject to a few exceptions. (12 C.F.R. § 1026.36.)

Generally speaking, it takes 5-7 business days for a payoff request to be processed.

(c) A beneficiary, or his or her authorized agent, shall, on the written demand of an entitled person, or his or her authorized agent, prepare and deliver a payoff demand statement to the person demanding it within 21 days of the receipt of the demand.

There's a process to getting the mortgage payoff statement. First, you'll need to contact your lender and let them know you want the information. Depending on your lender, you may have to sign in to an online account, call a helpline, or send a formal letter to start the request process.

To get a payoff letter, ask your lender for an official payoff statement. Call or write to customer service or make the request online. While logged into your account, look for options to request or calculate a payoff amount, and provide details such as your desired payoff date.

Under federal law, the servicer must generally send you a payoff statement within seven business days of your request, subject to a few exceptions. (12 C.F.R. § 1026.36.)

First, you'll need to contact your lender and let them know you want the information. Depending on your lender, you may have to sign in to an online account, call a helpline, or send a formal letter to start the request process.

TILA requires that a mortgage lender or servicer send ''an accurate payoff balance within a reasonable time, but in no case more than seven business days'' after receiving the borrower's request. 15 U.S.C. § 1639g.

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Under the Loan Information section, you will find a payoff request option that will take you to our payoff request form. Depending on your lender, you may have to sign in to an online account, call a helpline, or send a formal letter to start the request process.Check out the payoff instructions on the Payoff Statement. The mortgage payoff statement is a document that provides a comprehensive breakdown of the remaining balance on a mortgage. First you need to know what the payoff figure is. Use a free Mortgage Payoff Statement Request Form to gather information from the holder of a mortgage to create an official payoff statement. Download third-party Authorization form here. Note: By requesting a Payoff Statement you may incur a fee. The mortgage payoff calculator helps you find out. Or do you want to learn more about mortgage payoff fraud and how you can stay safe?

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