This form is a sample letter in Word format covering the subject matter of the title of the form.
Lima, Arizona, Sample Letter for Payoff of Loan held by Mortgage Company Date: [Enter Date] [Your Name] [Your Address] [City, State, ZIP] [Your Phone Number] [Your Email Address] [Recipient's Name] [Recipient's Title] [Mortgage Company Name] [Company Address] [City, State, ZIP] Subject: Payoff of Loan for Property Located in Lima, Arizona Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to request a detailed payoff statement and instructions for settling the outstanding balance on my mortgage loan, which is held by your esteemed company, for the property located in Lima, Arizona. Below are the specifics related to my loan for your reference: Loan Account Number: [Enter Loan Account Number] Property Address: [Enter Property Address] Borrower Name(s): [Enter Borrower Name(s)] Original Loan Amount: [Enter Original Loan Amount] Interest Rate: [Enter Interest Rate] Date of Loan Origination: [Enter Origination Date] I would kindly request a payoff statement that includes the outstanding principal balance, interest accrued up to the date of payoff, any applicable fees, and the necessary instructions for facilitating the loan payoff process. Please ensure that the statement is valid for a period of at least 30 days from the date of issuance. Furthermore, I would appreciate it if you could specify any potential penalties or fees that may be associated with an early payoff of the loan. This information will help me make an informed decision regarding the timing of the payoff. To ensure a smooth loan payoff process, please provide me with the acceptable means of payment and the precise information required to make the final payment. Additionally, kindly inform me of any specific documents or forms that I need to complete and submit along with the payment. I understand that there may be necessary administrative time involved in processing this request, and I would therefore be grateful if you could provide the requested information and instructions within 10 business days of receiving this letter. Please feel free to contact me at [Your Phone Number] or [Your Email Address] should you require any further information or have any queries regarding this matter. Your prompt attention to this request is greatly appreciated. Thank you for your cooperation, and I look forward to receiving the requested information at the earliest convenience. Yours sincerely, [Your Name]
