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.)

Instead, you have to get a 10-day payoff estimate from your current lender, which includes the amount you owe, as well as any interest that might accrue on the principal balance in the next 10 days.

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Statement from us will be required. If loan has quotable per diem interest, then "Funds received after ______ will be.Searching for a fillable Mortgage Loan Payoff Letter Template? Use our easy editor for PDF files and fill this form out quickly. By including a per diem amount in the letter, the parties will not have to execute another payoff letter if the termination date. Please include a per diem amount in the statement. Please email this information to as soon as possible. A payoff agreement is an informal contract in which a creditor agrees to accept the balance of a debt owed as full payment. Statement from us will be required. If loan has quotable per diem interest, then "Funds received after ______ will be.

Sample Payoff Letter With Per Diem In Texas

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