Payment will be sent to lien holder. After signing up for automatic payments, you'll receive a letter in the mail within 3-4 weeks confirming the start date for payments to be drafted.This page allows users to request an electronic payoff quote for iSeries and MSP mortgage products. You can also request a payoff statement. Log in to Online Banking or use the mobile app. It's the payoff amount 10 days in the future. Bank of America customer service information is designed to make your banking experience easy and efficient. It can take up to six weeks or more to have the lien removed from your car title and make it officially yours. A 10day payoff refers to the time it takes for your new lender to pay off your old loans during a refinance. The FDIC may be able to assist you in obtaining a lien release if the request is for a customer of a failed bank that was placed into FDIC receivership.