Mortgage Loan Payoff Request Letter Sample

Are you looking for a Mortgage Loan Payoff Request Letter Sample to help you communicate with your lender? Below, you will find examples of Mortgage Loan Payoff Request Letter Sample that you can use as a template and customize to fit your specific situation.

Why You Need a Mortgage Loan Payoff Request Letter Sample

When you are ready to pay off your mortgage loan, it is essential to communicate with your lender effectively. A Mortgage Loan Payoff Request Letter can help you formalize your request and ensure that the process goes smoothly. Here are some reasons why you may need a Mortgage Loan Payoff Request Letter:

Confirm the amount needed to pay off the loan
Request a payoff statement from the lender
Provide instructions on how the payment will be made
Request confirmation of the loan payoff and release of lien

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Example of Mortgage Loan Payoff Request Letter Sample

Dear [Recipient’s Name],

I am writing to request a payoff statement for my mortgage loan account [Account Number]. I am in the process of paying off the loan in full and would like to confirm the final amount needed to do so.

Please provide me with a detailed breakdown of the payoff amount, including any outstanding principal, interest, and fees. Additionally, I would like to know the per diem amount for interest if the payoff date is different from today’s date.

Once I receive the payoff statement, I will arrange for the payment to be made. Please confirm the receipt of the payment and provide me with a written confirmation of the loan payoff and release of the lien on the property.

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Thank you for your prompt attention to this matter. If you have any questions or need further information, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address].

Sincerely,

[Your Name]