[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Bank or Lender's Name] [Bank or Lender's Address] [City, State, ZIP] Subject: Request for Payoff Balance of Mortgage Dear [Bank or Lender's Name], I am writing to formally request the payoff balance for my mortgage account with reference number [Mortgage Account Number]. As a homeowner in Montgomery, Maryland, I would appreciate your prompt assistance regarding this matter. I kindly request that you provide me with a detailed breakdown of the outstanding balance on my mortgage as of the date of this letter. Please include any fees, interests, and charges that may accrue until the anticipated payoff date. Furthermore, if there are any penalties for early payment, kindly specify those as well. To ensure an accurate and efficient transaction, I would be grateful if you could verify the following details associated with my mortgage account: 1. Full name(s) of borrower(s): [Your Full Name] 2. Property address: [Your Property Address], Montgomery, Maryland [Your ZIP Code] 3. Loan origination date: [Loan Origination Date] 4. Loan maturity date: [Loan Maturity Date] 5. Current outstanding balance: [Current Outstanding Balance] 6. Monthly payment amount: [Monthly Payment Amount] 7. Payment frequency: [Payment Frequency] As part of my request, I would also like to inquire about the acceptable methods of payment for the payoff balance. Kindly provide instructions on how to remit the final payment, including any necessary forms or account details required for wire transfers, certified checks, or other accepted modes of payment. Moreover, I would be grateful if you could specify the timeframe within which the payoff balance can be expected and furnish me with the necessary contact person's name and direct contact information for any further inquiries or advisory support. Please feel free to contact me at [Your Phone Number] or via email at [Your Email Address] should you require any additional information or documents to process my request smoothly. I would like to take this opportunity to express my appreciation for your prompt and efficient handling of this matter. Your outstanding service as my mortgage lender has been indispensable throughout my homeownership journey in Montgomery, Maryland. Thank you for your attention to this request, and I look forward to receiving the requested information at your earliest convenience. Yours sincerely, [Your Name]