Loan Payoff Request Form PDF Details

Unlocking the pathway to satisfying a mortgage is a key step that homeowners may face, usually due to selling their property, refinancing, or other personal reasons. This pivotal process begins with a crucial document, the Loan Payoff Request Form, particularly for clients of Seneca Mortgage Servicing LLC. This form serves as the green light, enabling the mortgage servicer to release vital payoff information. For borrowers, the process is straightforward but requires careful attention to detail: complete and sign section 1 if you're requesting information for yourself, or both sections 1 and 2 if you're granting another person or entity permission to access this information. It comes with clear instructions on how this sensitive financial data can be received—via fax, mail, or web, with an emphasis on the importance of providing accurate contact details to avoid any miscommunication. Additionally, the form mandates to specify the reason behind the payoff request and outlines the acceptable methods of payment, reinforcing the principle that no payoff figures will be communicated over the phone. For those looking to delegate this task, the form also accommodates the authorization to release information to a third party, with stipulations to ensure the borrower's control and security over their own financial information. The seamless integration of these steps embodies Seneca Mortgage Servicing LLC's commitment to procedural clarity and customer convenience, ensuring that the path to resolving a mortgage is as smooth as possible.

QuestionAnswer
Form NameLoan Payoff Request Form
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namesmortgage payout statement template, sample mortgage payoff statement, mortgage payoff statement form, private mortgage payoff statement template

Form Preview Example

Loan Payoff Request Form

To the Borrower:

Seneca Mortgage Servicing LLC will only release a mortgage payoff statement to the borrower or a person acting with written authorization.

If you are requesting a payoff statement for yourself (to be sent to you), please complete and sign section 1.

If you are authorizing another person or company to request a payoff statement, please complete BOTH sections 1 and section 2.

1. Borrower Request for Payoff

I, __________________________________, certify that I am the person whose name appears

below and that I am a borrower on the following account(s):

Please print or type account number(s) here: __________________________

I hereby request Seneca Mortgage Servicing LLC to release payoff information to me at the contact information provided on this Payoff Request Form.

Signed: ______________________________ Date: ______________________________

Print Name: ______________________________

 

Effective Payoff Date: _______________________

 

How would you like to receive your payoff?

 

 

Check next to one of the following:

Fax

Fax No: __________________

Mail

Web

(www.senecaservicing.com - Borrower Option Only)

*Please note Seneca Mortgage Servicing LLC will not be held responsible if the email address provided is invalid and/or returned “undeliverable”, if the fax number given is incorrect and/or

for delays in postal mailing servicing.*

Reason for Payoff Request (check one)

1)

Selling our Property

 

2)

Refinancing our Property

 

3)

Other

_________________________________________

1.I understand that the payoff statement will be sent within 2 business days of my completed request. Requests received after 4:00 p.m. are considered received on the following business day.

2.No payoff figures can be given via telephone.

3.Acceptable forms of payments are Bank Check, Money Order, or Certified Check. (No personal checks)

2. Borrower Authorization to release payoff to Third Party

I, __________________________________, certify that I am a borrower on the following

account(s):

Please print or type account number(s) here: ______________________________________

I hereby authorize the following person(s) and/or company to obtain a payoff statement for any of the above accounts:

Please print or type name(s) of authorized person(s) here:

________________________________________________________________________

I authorize Seneca Mortgage Servicing LLC to release said information at the contact information on this Payoff Request Form. This authorization will remain in effect for 30 days. I understand that I may revoke this authorization at any time before the payoff information is disclosed, in writing, by mail, fax or e-mail. I further agree to indemnify and hold harmless Seneca Mortgage Servicing LLC from any liability for providing this information.

Signed: ______________________________ Date: ______________________________

Print Name: ______________________________

Please send completed loan payoff form to one of the following:

Email: payoffs@senecaservicing.com

US Postal Service:

Seneca Mortgage Servicing LLC

ATTN: Payoffs

611 Jamison Road

Elma, NY 14059

Fax: (516) 506-4335

How to Edit Loan Payoff Request Form Online for Free

payoff authorization form template can be completed online without difficulty. Simply make use of FormsPal PDF editor to do the job in a timely fashion. To maintain our tool on the forefront of efficiency, we strive to put into practice user-driven features and enhancements on a regular basis. We are routinely happy to receive suggestions - help us with revolutionizing PDF editing. Getting underway is simple! Everything you should do is stick to the next basic steps down below:

Step 1: Click on the "Get Form" button above. It's going to open our pdf editor so you can begin filling out your form.

Step 2: As you open the PDF editor, you will see the form made ready to be filled in. Besides filling out various blanks, it's also possible to do other sorts of things with the Document, that is adding your own textual content, changing the initial textual content, inserting illustrations or photos, affixing your signature to the form, and a lot more.

This PDF form will need specific information; in order to ensure correctness, you should adhere to the following suggestions:

1. When filling in the payoff authorization form template, be sure to include all of the necessary blanks in its corresponding area. It will help to facilitate the process, allowing your details to be processed swiftly and correctly.

Stage # 1 of submitting mortgage payoff request template

Step 3: Revise all the details you have inserted in the blank fields and then click on the "Done" button. Sign up with FormsPal today and immediately use payoff authorization form template, ready for download. All adjustments you make are kept , which means you can customize the file later on if necessary. We do not sell or share the details you provide when working with forms at FormsPal.

Loan Payoff Request Form isn’t the one you’re looking for?

Related Documents