Payoff Statement Details

Are you about to experience the payoff of a major project? Are you curious about how much money you can expect to receive? The fillable payoff statement form can help you estimate and plan for your financial future. This form is easy to use and provides all the information you need to make informed decisions. Use this form today to get started on your road to financial success.

Before you decide to fill out fillable payoff statement form, you will need to learn more in regards to the type of form you'll use.

QuestionAnswer
Form NameFillable Payoff Statement Form
Form Length2 pages
Fillable?Yes
Fillable fields38
Avg. time to fill out8 min 10 sec
Other namespayoff form mortgage printable, payoff statement form sample, private mortgage payoff letter template, payoff statement letter

Form Preview Example

FIGURE: 7 TAC §155.2(C)(6)

PAYOFF STATEMENT FORM

Name of Mortgage Servicer

REQUEST DATE:

 

 

Name of Representative

 

 

 

Street or E-mail Address

SENT BY:

Mail

E-mail

City, State, Zip Code

 

Fax

 

 

LOAN INFORMATION

 

MORTGAGOR:

NEXT PAYMENT DUE DATE:

 

COLLATERAL:

Loan Type:

 

 

 

 

 

 

 

AMOUNT DUE

 

 

 

 

 

 

THIS STATEMENT REFLECTS THE TOTAL AMOUNT DUE UNDER THE TERMS OF THE

NOTE/SECURITY INSTRUMENT THROUGH THE CLOSING DATE WHICH IS. If this obligation is not paid in full by this date, then you should obtain from us an updated payoff amount before closing.

Total Principal, Interest, and other amounts due under the Note/Security Instrument:

Unpaid Principal Balance:

$

Interest through

$

Less Reductions in amount due

$

 

$

 

$

 

$

 

$

TOTAL AMOUNT DUE:

$

WIRE TRANSFER

WHERE TO SUBMIT PAYOFF FUNDS

Beneficiary Name:

 

OVERNIGHT MAIL

 

Beneficiary/Receiving Bank:

 

 

 

 

 

Beneficiary Bank ABA:

 

 

 

Beneficiary Bank Account:

 

 

 

Special Information to Beneficiary:

 

 

 

LEGAL NOTICES

 

 

 

 

 

 

TEXAS FINANCE CODE § 343.106 REQUIRES PAYOFF STATEMENT CONTAIN CLOSING DATE AND DATE THROUGH WHICH PAYOFF AMOUNT IS VALID. THESE REQUIREMENTS CANNOT BE DELETED FROM PAYOFF STATEMENT.

TEXAS FINANCE CODE § 343.106 REQUIRES THE IMPLEMENTING RULE TO ALLOW MORTGAGE SERVICERS AT LEAST SEVEN (7) BUSINESS DAYS FROM THE DATE OF RECEIPT OF PAYOFF REQUEST TO RESPOND TO A REQUEST MADE UNDER THE STATUTE.

ANY AMOUNT HELD IN ESCROW AT CLOSING WILL BE SETTLED IN ACCORDANCE WITH APPLICABLE FEDERAL LAW.

OPTIONAL SECTIONS

{This is an Adjustable Rate Mortgage. Under the terms of this loan the next Change Date for the

interest rate charged is. We will only issue a payoff good through the next Change Date. If the closing date is past the next Change Date an updated Payoff Statement from us will be required.}

{If loan has quotable per diem interest, then “Funds received after

 

will be subject to an additional $

of interest per day.”}

FUNDS

MUST BE RECEIVED BY

FOR SAME-DAY

 

PROCESSING. PAYOFFS ARE NOT POSTED ON WEEKENDS OR HOLIDAYS.

INTEREST WILL BE ADDED TO THE ACCOUNT FOR THESE DAYS.

 

 

 

 

NOTE: This Note/Security Instrument is

due for payment on

. If

payment is not received within

of the current payment due date, a late

charge of $

will be assessed.

Please add that amount to the payoff total.

Escrow Disbursement Amounts & Dates:

$

$

$

Release of Lien Processing:

How to Edit Fillable Payoff Statement Form

We found the top web developers to implement this PDF editor. Our software will assist you to fill out the payoff statement form file easily and won't take up a great deal of your time. This convenient guideline will enable you to learn how to start.

Step 1: Choose the button "Get Form Here" on this website and click it.

Step 2: After you've accessed the editing page payoff statement form, you will be able to notice every one of the actions readily available for the file within the upper menu.

The particular areas will help make up your PDF document:

stage 1 to writing private mortgage payoff letter template

Provide the appropriate information in the field Total Principal, Unpaid Principal Balance: Interest, TOTAL AMOUNT DUE:, WHERE TO SUBMIT PAYOFF FUNDS, WHERE TO SUBMIT PAYOFF FUNDS, Beneficiary Name:, T H G N R E V O, and R E F S N A R T E R W.

Entering details in private mortgage payoff letter template stage 2

You're going to be demanded specific essential details if you would like submit the Beneficiary Name:, T H G N R E V O, L A M, LEGAL NOTICES, R E F S N A R T E R W, ANY AMOUNT HELD IN ESCROW AT, TEXAS FINANCE CODE § 343, and TEXAS FINANCE CODE § 343 field.

Filling in private mortgage payoff letter template part 3

The area {This is an Adjustable Rate, {If loan has quotable per diem, and NOTE: This Note/Security should be where to include all parties' rights and obligations.

private mortgage payoff letter template {This is an Adjustable Rate, {If loan has quotable per diem, and NOTE: This Note/Security fields to insert

Finalize by looking at these fields and completing the required information: Escrow Disbursement Amounts &, and Release of Lien Processing:.

part 5 to finishing private mortgage payoff letter template

Step 3: After you've hit the Done button, your form will be ready for export to every device or email you indicate.

Step 4: You can make copies of your document tokeep clear of any type of possible concerns. Don't be concerned, we do not distribute or track your information.