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

Read : Work Experience Verification Letter Sample

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.

Read : Car Damage Report Letter Sample

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]