San Antonio Texas Sample Letter Requesting Payoff Balance of Mortgage

• Category: Letters - Nonlegal - Property and Leases
• State: Multi-State
• City: San Antonio
• 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. [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Service Name] [Service Address] [City, State, ZIP Code] Subject: Request for Payoff Balance of Mortgage Account — Loan Number: [Enter Loan Number] Dear [Service Name], I hope this letter finds you well. I am writing as a borrower of a mortgage loan to request the payoff balance of my mortgage account. I am keen to settle the outstanding balance and request the necessary details to facilitate the payoff. Furthermore, I am a resident of San Antonio, Texas and currently residing at [Your San Antonio Address]. The property securing the mortgage loan is located at [Property Address], which is within the San Antonio area. I kindly request that you provide me with the most up-to-date payoff balance as of [today's date]. Additionally, I would appreciate receiving a detailed breakdown of any fees, interest, and charges that will be included in the payoff amount. Please specify all necessary computations, such as per diem interest, as well as any prepayment penalties or other related fees. If there are any specific instructions or procedures I need to follow to proceed with the payoff, kindly include them in your response. Furthermore, I would like to inquire about the preferred method of payment for the payoff balance. Please advise whether a certified check, wire transfer, or any other method is required to complete the transaction. To ensure a smooth transition and timely processing of the payoff, I kindly request your prompt attention to this matter. As per my understanding, Texas law requires the payoff balance to be provided to the borrower within a reasonable timeframe after the request is made, typically within five business days. I would appreciate your compliance with the state regulations in this regard. Should you require any additional information or documents to process my request, please do not hesitate to contact me at [Your Phone Number] or via email at [Your Email Address]. Thank you for your assistance and cooperation. I look forward to receiving the requested payoff balance and guidance on how to proceed with the mortgage loan payoff. Sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Service Name] [Service Address] [City, State, ZIP Code] Subject: Request for Payoff Balance of Mortgage Account — Loan Number: [Enter Loan Number] Dear [Service Name], I hope this letter finds you well. I am writing as a borrower of a mortgage loan to request the payoff balance of my mortgage account. I am keen to settle the outstanding balance and request the necessary details to facilitate the payoff. Furthermore, I am a resident of San Antonio, Texas and currently residing at [Your San Antonio Address]. The property securing the mortgage loan is located at [Property Address], which is within the San Antonio area. I kindly request that you provide me with the most up-to-date payoff balance as of [today's date]. Additionally, I would appreciate receiving a detailed breakdown of any fees, interest, and charges that will be included in the payoff amount. Please specify all necessary computations, such as per diem interest, as well as any prepayment penalties or other related fees. If there are any specific instructions or procedures I need to follow to proceed with the payoff, kindly include them in your response. Furthermore, I would like to inquire about the preferred method of payment for the payoff balance. Please advise whether a certified check, wire transfer, or any other method is required to complete the transaction. To ensure a smooth transition and timely processing of the payoff, I kindly request your prompt attention to this matter. As per my understanding, Texas law requires the payoff balance to be provided to the borrower within a reasonable timeframe after the request is made, typically within five business days. I would appreciate your compliance with the state regulations in this regard. Should you require any additional information or documents to process my request, please do not hesitate to contact me at [Your Phone Number] or via email at [Your Email Address]. Thank you for your assistance and cooperation. I look forward to receiving the requested payoff balance and guidance on how to proceed with the mortgage loan payoff. Sincerely, [Your Name]