This form is a sample letter in Word format covering the subject matter of the title of the form.
Subject: Fairfax Virginia Sample Letter for Payoff of Loan held by Mortgage Company Dear [Mortgage Company Name], I, [Your Name], am I writing to provide you with a detailed payoff request for the loan held on my property located in Fairfax, Virginia. This letter shall serve as an official request for the settlement of the outstanding balance on my mortgage loan with your esteemed institution. Property details: — Property Address: [Complete address including street, city, state, and ZIP code] — Loan Account Number: [Mortgage account/reference number] — Date of Loan Origination: [Date when the loan was initiated] Outstanding Balance: Please find below the detailed breakup of the outstanding balance on the loan: 1. Principal Balance: $[Amount] 2. Interest Accrued: $[Amount] 3. Late Payment/Overdue Charges: $[Amount] 4. Escrow/Impound Balance: $[Amount] 5. Any Other Applicable Fees: $[Amount] Total Payoff Amount: $[Total Amount] Payment Instructions: I request that you provide me with the following information to initiate the payoff of my loan: 1. Payment Due Date: [Specify any specific date or duration, i.e., in number of days] from the date of this letter. 2. Payment Method: [Specify acceptable payment methods such as wire transfer, certified check, or cashier's check]. 3. Payment Recipient Information: [Provide details about the recipient's name, address, and any official reference or account number]. Please ensure that the payoff statement includes the per diem interest calculation until the payoff date specified. Additionally, kindly provide a breakdown of any additional fees, including any prepayment penalties or wire transfer charges that may apply. Loan Satisfaction and Release of Lien: Upon receipt of the full payment and confirmation of the closure of my loan account, I request that your institution provides the necessary documentation to release the mortgage lien on my property. This documentation should be forwarded to the relevant county recording office or any other relevant entity responsible for recording such releases. Kindly provide me with a copy of the release document for my records. Contact Information: For any further correspondence regarding this payoff request, including notification of the payment confirmation and the release of the mortgage lien, please contact me using the following details: — Name: [Your Name— - Mailing Address: [Your Complete Address] — Phone Number: [Your Phone Number— - Email Address: [Your Email Address] I appreciate your prompt attention to this matter and look forward to receiving the necessary payment instructions to complete the process. Should there be any additional documentation or information required from my end, please do not hesitate to contact me. Thank you for your cooperation in facilitating the payoff of my mortgage loan. Sincerely, [Your Name]Subject: Fairfax Virginia Sample Letter for Payoff of Loan held by Mortgage Company Dear [Mortgage Company Name], I, [Your Name], am I writing to provide you with a detailed payoff request for the loan held on my property located in Fairfax, Virginia. This letter shall serve as an official request for the settlement of the outstanding balance on my mortgage loan with your esteemed institution. Property details: — Property Address: [Complete address including street, city, state, and ZIP code] — Loan Account Number: [Mortgage account/reference number] — Date of Loan Origination: [Date when the loan was initiated] Outstanding Balance: Please find below the detailed breakup of the outstanding balance on the loan: 1. Principal Balance: $[Amount] 2. Interest Accrued: $[Amount] 3. Late Payment/Overdue Charges: $[Amount] 4. Escrow/Impound Balance: $[Amount] 5. Any Other Applicable Fees: $[Amount] Total Payoff Amount: $[Total Amount] Payment Instructions: I request that you provide me with the following information to initiate the payoff of my loan: 1. Payment Due Date: [Specify any specific date or duration, i.e., in number of days] from the date of this letter. 2. Payment Method: [Specify acceptable payment methods such as wire transfer, certified check, or cashier's check]. 3. Payment Recipient Information: [Provide details about the recipient's name, address, and any official reference or account number]. Please ensure that the payoff statement includes the per diem interest calculation until the payoff date specified. Additionally, kindly provide a breakdown of any additional fees, including any prepayment penalties or wire transfer charges that may apply. Loan Satisfaction and Release of Lien: Upon receipt of the full payment and confirmation of the closure of my loan account, I request that your institution provides the necessary documentation to release the mortgage lien on my property. This documentation should be forwarded to the relevant county recording office or any other relevant entity responsible for recording such releases. Kindly provide me with a copy of the release document for my records. Contact Information: For any further correspondence regarding this payoff request, including notification of the payment confirmation and the release of the mortgage lien, please contact me using the following details: — Name: [Your Name— - Mailing Address: [Your Complete Address] — Phone Number: [Your Phone Number— - Email Address: [Your Email Address] I appreciate your prompt attention to this matter and look forward to receiving the necessary payment instructions to complete the process. Should there be any additional documentation or information required from my end, please do not hesitate to contact me. Thank you for your cooperation in facilitating the payoff of my mortgage loan. Sincerely, [Your Name]
