[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Name of Mortgage Lender] [Address] [City, State, ZIP Code] Subject: Request for Mortgage Payoff Balance Verification Dear [Mortgage Lender's Name], I hope this letter finds you in good health. I am writing to formally request a payoff balance statement for my mortgage loan with your institution. I am currently a homeowner residing in the beautiful state of Montana, and I would appreciate your prompt assistance in providing this information. As part of my financial planning, I am in the process of evaluating various factors concerning my mortgage, including the possibility of refinancing, selling my property, or making additional principal payments. To make informed decisions, accurate and up-to-date information is crucial. In light of this, I kindly request that you provide me with a written statement detailing the exact payoff balance of my mortgage, as of the date of this letter. Additionally, please include any fees or penalties that may be associated with early payment, if applicable. Your cooperation in clarifying these details will enable me to plan my financial obligations accordingly. To facilitate an efficient process, please ensure that the payoff balance statement includes the following information: 1. My full legal name: [Your Full Name] 2. Property address: [Your Property Address] 3. Loan account number: [Your Loan Account Number] 4. Loan origination date: [Date Loan Was Originally Taken] 5. Current interest rate: [Your Current Interest Rate] 6. Detailed breakdown of the principal balance, interest accrued, and any additional fees or charges. 7. Early payment penalty information, if relevant. I would greatly appreciate it if you could provide this payoff balance statement within 10 business days of receiving this letter. Please feel free to contact me at [Your Phone Number] or [Your Email Address] if you require any further clarification or additional documents to process my request. Thank you for your prompt attention to this matter. I greatly value your assistance and professionalism in providing the requested information. I look forward to receiving the payoff balance statement at your earliest convenience. Yours sincerely, [Your Full Name]