Louisiana Sample Letter Requesting Payoff Balance of Mortgage

• Category: Letters - Nonlegal - Property and Leases
• State: Multi-State
• Control #: US-0703LR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Loan Service's Name] [Loan Service's Address] [City, State, ZIP] Subject: Request for Payoff Balance of Mortgage Loan Dear [Loan Service's Name], I hope this letter finds you well. I am writing to request the payoff balance for my mortgage loan, which is currently being serviced by your institution. I would appreciate your assistance in providing the necessary information to settle the outstanding balance and receive a payoff statement. As a resident of Louisiana, it is essential for me to understand the exact amount required to pay off my mortgage loan in full. I kindly request that you supply me with an accurate and itemized breakdown of the payoff balance, including any applicable fees, interest charges, and potential prepayment penalties. Please consider this communication an official request, made in accordance with the provisions outlined in the Truth in Lending Act (TILL) and the Real Estate Settlement Procedures Act (RESP). I understand that a timely response is required within 5 business days as specified by federal regulations. To ensure the efficient processing of my request, I have provided the necessary details below: 1. Borrower Details: — Full Name: [Your Full Name— - Current Address: [Your Current Address] — Loan Account Number: [Your Loan Account Number] 2. Property Information: — Property Address: [Address of the Mortgaged Property] — Legal Description: [Legal Description of the Property, if available] 3. Preferred Payoff Date: — Please provide the anticipated date by which the payoff amount will be valid. 4. Delivery Method: — Please indicate the preferred delivery method for the payoff statement (e.g., mail, email, fax). I kindly request that you indicate any specific requirements or forms needed to finalize the payoff process. Additionally, if there are any outstanding conditions that need to be met for obtaining the payoff statement, kindly provide clear instructions in your response. I understand that there may be certain fees associated with obtaining the payoff statement, and I am prepared to provide payment promptly upon receiving your instructions. Please include details regarding the payment method and location to ensure a smooth transaction. Thank you for your prompt attention to this matter. If you require any further documentation or information, please do not hesitate to contact me using the provided contact information. I greatly appreciate your cooperation and look forward to receiving the necessary information to satisfy my mortgage obligation. Sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Loan Service's Name] [Loan Service's Address] [City, State, ZIP] Subject: Request for Payoff Balance of Mortgage Loan Dear [Loan Service's Name], I hope this letter finds you well. I am writing to request the payoff balance for my mortgage loan, which is currently being serviced by your institution. I would appreciate your assistance in providing the necessary information to settle the outstanding balance and receive a payoff statement. As a resident of Louisiana, it is essential for me to understand the exact amount required to pay off my mortgage loan in full. I kindly request that you supply me with an accurate and itemized breakdown of the payoff balance, including any applicable fees, interest charges, and potential prepayment penalties. Please consider this communication an official request, made in accordance with the provisions outlined in the Truth in Lending Act (TILL) and the Real Estate Settlement Procedures Act (RESP). I understand that a timely response is required within 5 business days as specified by federal regulations. To ensure the efficient processing of my request, I have provided the necessary details below: 1. Borrower Details: — Full Name: [Your Full Name— - Current Address: [Your Current Address] — Loan Account Number: [Your Loan Account Number] 2. Property Information: — Property Address: [Address of the Mortgaged Property] — Legal Description: [Legal Description of the Property, if available] 3. Preferred Payoff Date: — Please provide the anticipated date by which the payoff amount will be valid. 4. Delivery Method: — Please indicate the preferred delivery method for the payoff statement (e.g., mail, email, fax). I kindly request that you indicate any specific requirements or forms needed to finalize the payoff process. Additionally, if there are any outstanding conditions that need to be met for obtaining the payoff statement, kindly provide clear instructions in your response. I understand that there may be certain fees associated with obtaining the payoff statement, and I am prepared to provide payment promptly upon receiving your instructions. Please include details regarding the payment method and location to ensure a smooth transaction. Thank you for your prompt attention to this matter. If you require any further documentation or information, please do not hesitate to contact me using the provided contact information. I greatly appreciate your cooperation and look forward to receiving the necessary information to satisfy my mortgage obligation. Sincerely, [Your Name]