This form is a sample letter in Word format covering the subject matter of the title of the form.
Subject: Request for Payoff of Loan Held by Mortgage Company — Maricopa, Arizona Dear [Mortgage Company's Name], I am writing this letter to request a detailed payoff statement for the loan held by your esteemed institution, which is tied to my property located in Maricopa, Arizona. I kindly ask you to provide all necessary information regarding the total amount required to fully satisfy the outstanding loan, given the following details: Borrower's Name: [Your Name] Loan Account Number: [Account Number] Property Address: [Property Address] City: Maricopa State: Arizona As I intend to settle the remaining balance in full, I would greatly appreciate receiving this payoff letter as soon as possible. It would assist me in ensuring a smooth and timely transaction for the discharge of the loan. Please include the following information in the payoff statement: 1. Total Outstanding Balance: The exact amount required to fully satisfy the loan, including principal, interest, and any applicable fees or penalties. 2. Payoff Validity Period: Specify the duration for which the payoff amount will remain valid. This is especially important in case any unforeseen delays occur during the payoff process. 3. Payment Instructions: Provide detailed instructions on how to remit the payoff amount, including acceptable modes of payment, any specific account details for wire transfers, or other payment arrangements. 4. Release of Lien: Confirm that upon receipt of the payoff amount, your institution will promptly release any lien held against the property associated with the loan. Additionally, please provide instructions on how the release of lien will be communicated or recorded. 5. Contact Information: Include the name, telephone number, and email address of a dedicated contact person who can assist with any inquiries or clarification related to the payoff statement. Should any additional documentation or forms be necessary to complete the loan discharge, kindly include them along with the payoff statement or provide instruction on acquiring them promptly. I understand that preparing the payoff statement requires time and effort, and I would like to express my gratitude in advance for your prompt attention to this matter. Your cooperation will greatly aid in finalizing this loan, and I am eager to receive the full payoff information to ensure a smooth and swift loan closure process. Thank you for your kind assistance. I look forward to your prompt response. Yours sincerely, [Your Name] [Your Contact Information]Subject: Request for Payoff of Loan Held by Mortgage Company — Maricopa, Arizona Dear [Mortgage Company's Name], I am writing this letter to request a detailed payoff statement for the loan held by your esteemed institution, which is tied to my property located in Maricopa, Arizona. I kindly ask you to provide all necessary information regarding the total amount required to fully satisfy the outstanding loan, given the following details: Borrower's Name: [Your Name] Loan Account Number: [Account Number] Property Address: [Property Address] City: Maricopa State: Arizona As I intend to settle the remaining balance in full, I would greatly appreciate receiving this payoff letter as soon as possible. It would assist me in ensuring a smooth and timely transaction for the discharge of the loan. Please include the following information in the payoff statement: 1. Total Outstanding Balance: The exact amount required to fully satisfy the loan, including principal, interest, and any applicable fees or penalties. 2. Payoff Validity Period: Specify the duration for which the payoff amount will remain valid. This is especially important in case any unforeseen delays occur during the payoff process. 3. Payment Instructions: Provide detailed instructions on how to remit the payoff amount, including acceptable modes of payment, any specific account details for wire transfers, or other payment arrangements. 4. Release of Lien: Confirm that upon receipt of the payoff amount, your institution will promptly release any lien held against the property associated with the loan. Additionally, please provide instructions on how the release of lien will be communicated or recorded. 5. Contact Information: Include the name, telephone number, and email address of a dedicated contact person who can assist with any inquiries or clarification related to the payoff statement. Should any additional documentation or forms be necessary to complete the loan discharge, kindly include them along with the payoff statement or provide instruction on acquiring them promptly. I understand that preparing the payoff statement requires time and effort, and I would like to express my gratitude in advance for your prompt attention to this matter. Your cooperation will greatly aid in finalizing this loan, and I am eager to receive the full payoff information to ensure a smooth and swift loan closure process. Thank you for your kind assistance. I look forward to your prompt response. Yours sincerely, [Your Name] [Your Contact Information]
