Tag: <span>#Payoff</span>

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ALWAYS OBTAIN A PAYOFF STATEMENT

  Before paying off your mortgage loan make sure you obtain the payoff statement.  The lender can provide a payoff statement and the final amount to be paid to release their lien. Then you can know the principal balance, interest up to the date of closing, penalties (if any), and other charges the lender may...

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AMOUNT DUE TO LENDER

  If you have a loan and are looking to pay it off, make sure you obtain the payoff statement. This is a document provided by the lender which contains the final amount to be paid to release their lien. It contains the principal balance, interest up to the date of closing, penalties (if any),...