Maricopa Arizona Sample Letter Requesting Payoff Balance of Mortgage

• Category: Letters - Nonlegal - Property and Leases
• State: Multi-State
• County: Maricopa
• 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. Dear [Lender's Name], I hope this letter finds you well. I am writing to request a detailed payoff balance for my mortgage with [Lender's Company Name], which is due on [due date]. My property is located in Maricopa, Arizona, and I would appreciate your assistance in providing me with the accurate and up-to-date information required to satisfy my mortgage. As a responsible homeowner, I would like to take this opportunity to settle my outstanding balance in full. Therefore, I kindly request that you provide me with the following information: 1. Principal Balance: I would like a breakdown of the remaining principal balance on my mortgage. This includes the outstanding loan amount, interest accrued to date, and any other charges eligible for inclusion in the payoff balance. 2. Prepayment Penalties: In the event that any prepayment penalties are applicable to my mortgage agreement, please include these figures in the payoff balance. It is crucial for me to have a clear understanding of any additional fees related to early payment. 3. Escrow Account: If there is an escrow account associated with my mortgage, please provide a detailed summary of its balance and any potential refunds or adjustments. This will allow me to understand the implications of my early payoff request thoroughly. 4. Payoff Date: Please provide a precise payoff date for the requested balance as well as any specific instructions or procedures necessary to complete the payment process. I sincerely appreciate your attention to this matter and your prompt assistance in supplying the requested information. Kindly ensure that the information you provide is valid for at least ten days to allow me to coordinate the payoff in a timely manner. I understand that certain fees may be contingent upon the timing of my payment, so I kindly request your consideration in providing an accurate and comprehensive statement as swiftly as possible. Thank you for your assistance in facilitating this transaction. Your cooperation is greatly appreciated. Kindly send the detailed payoff balance information and any further instructions to the address listed below: [Your Full Name] [Your Address] [City, State, ZIP] If you require any additional documentation or have any further inquiries, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address]. I look forward to hearing from you soon. Yours sincerely, [Your Full Name]

Dear [Lender's Name], I hope this letter finds you well. I am writing to request a detailed payoff balance for my mortgage with [Lender's Company Name], which is due on [due date]. My property is located in Maricopa, Arizona, and I would appreciate your assistance in providing me with the accurate and up-to-date information required to satisfy my mortgage. As a responsible homeowner, I would like to take this opportunity to settle my outstanding balance in full. Therefore, I kindly request that you provide me with the following information: 1. Principal Balance: I would like a breakdown of the remaining principal balance on my mortgage. This includes the outstanding loan amount, interest accrued to date, and any other charges eligible for inclusion in the payoff balance. 2. Prepayment Penalties: In the event that any prepayment penalties are applicable to my mortgage agreement, please include these figures in the payoff balance. It is crucial for me to have a clear understanding of any additional fees related to early payment. 3. Escrow Account: If there is an escrow account associated with my mortgage, please provide a detailed summary of its balance and any potential refunds or adjustments. This will allow me to understand the implications of my early payoff request thoroughly. 4. Payoff Date: Please provide a precise payoff date for the requested balance as well as any specific instructions or procedures necessary to complete the payment process. I sincerely appreciate your attention to this matter and your prompt assistance in supplying the requested information. Kindly ensure that the information you provide is valid for at least ten days to allow me to coordinate the payoff in a timely manner. I understand that certain fees may be contingent upon the timing of my payment, so I kindly request your consideration in providing an accurate and comprehensive statement as swiftly as possible. Thank you for your assistance in facilitating this transaction. Your cooperation is greatly appreciated. Kindly send the detailed payoff balance information and any further instructions to the address listed below: [Your Full Name] [Your Address] [City, State, ZIP] If you require any additional documentation or have any further inquiries, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address]. I look forward to hearing from you soon. Yours sincerely, [Your Full Name]