This form is a sample letter in Word format covering the subject matter of the title of the form.
Connecticut Sample Letter for Payoff of Loan held by Mortgage Company [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Loan Company Name] [Loan Company Address] [City, State, ZIP] Subject: Request for Payoff Statement and Loan Closure Dear [Loan Company Name], I am writing in regard to my mortgage account [Loan Account Number] held with [Loan Company Name]. I would like to request a detailed payoff statement and the necessary steps to close my loan account. Please find my details below: Borrower Name: [Your Full Name] Property Address: [Your Property Address] Loan Account Number: [Your Loan Account Number] Date of Loan Origination: [Loan Origination Date] I am eager to pay off my mortgage in full and complete ownership of the property. To ensure a smooth and efficient loan closure process, I kindly request the following information: 1. Payoff Statement: I would appreciate receiving a detailed payoff statement that includes the outstanding principal balance, current interest rate, and any accrued interest as of [Date of Request]. Additionally, please include any prepayment penalties, if applicable. 2. Payment Instructions: Please provide the preferred payment method for the loan payoff. Specify the payment amount, acceptable modes of payment (e.g., check, wire transfer, or online payment), and any specific instructions or reference information required. 3. Loan Closure Process: I would like to know the necessary steps to officially close my loan account upon making the final payment. Please provide any forms, legal documents, or written confirmation I need to complete this process successfully. 4. Timeline: Kindly provide an estimated timeframe in which I can expect to receive the final loan payoff statement and close the loan account. This information is crucial for planning my financial obligations accordingly. I understand that there may be fees associated with processing the payoff statement and closing of the loan account. Please inform me of any associated costs and provide instructions on how to make the payment for these charges, if applicable. I appreciate your prompt attention to this matter and your assistance in completing this loan closure process. Should you require any additional information or documentation, please do not hesitate to contact me at the phone number or email address provided above. Thank you for your cooperation, and I look forward to working with you to finalize this process smoothly. Sincerely, [Your Full Name]
