Masshousing Payoff Request Form PDF Details

When homeowners or borrowers decide it's time to pay off their mortgage, whether due to a sale, refinance, or other reasons, navigating the process requires clear steps and proper documentation. One such critical step for those with loans through MassHousing is completing the Masshousing Payoff Request Form. This document, essential for smooth financial transitions, must be accompanied by the borrower’s signed authorization to enable MassHousing to release a payoff statement to any third parties involved. The form prompts the submission of detailed information including the borrower's name, social security number, property address, and precisely why the payoff is occurring. Options for how the payoff statement is delivered are also outlined, with a fax option including a fee, except for FHA loans, and a mail option that incurs no extra charge. Time is of the essence, as MassHousing commits to a two-business-day turnaround for providing the needed payoff figures. This careful orchestration of details, required documentation, and options makes the path to financial closure both clear and manageable for all parties involved.

QuestionAnswer
Form NameMasshousing Payoff Request Form
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namespayoff masshousing request, mass housing pay off request, masshousing payoff request, mass housing finance payoff request

Form Preview Example

Payoff Request Form

IN ADDITION TO THIS PAYOFF REQUEST FORM, A BORROWER’S SIGNED AUTHORIZATION IS REQUIRED IN ORDER FOR MASSHOUSING TO PROVIDE A PAYOFF STATEMENT TO A THIRD PARTY.

DATE: _____________________________________________________________________________________

TO: MassHousing ___________________________________________________________________________

FAX #: (617) 722-0686 _______________________________________________________________________

FROM:_____________________________________________________________________________________

COMPANY NAME: ___________________________________________________________________________

PHONE NUMBER: ___________________________________________________________________________

ACCOUNT / LOAN NUMBER: ___________________________________________________________________

SOCIAL SECURITY NUMBER: ___________________________________________________________________

CUSTOMER’S NAME: _________________________________________________________________________

_________________________________________________________________________

PROPERTY ADDRESS: _______________________________________________________________________

________________________________________________________________________

PAYOFF DATE: ______________________________________________________________________________

(Must be no earlier than 2 business days and no more than 30 days from the date of request)

PAYOFF REASON:

 

 

Please check one of the following:

 

 

฀ Sale of Property

฀ Refinance with External Lender

฀ Refinance with MassHousing

฀Other, Please specify: _______________________________________________________________________

SEND PAYOFF STATEMENT:

Please select one of the options below:

฀ Fax a payoff statement

Fax #: ________________________________________________

A $25.00 fax fee will be charged.

 

This fee is not charged on FHA loans.

Attention: ____________________________________________

฀ Mail a payoff statement

_____________________________________________________

No fee will be charged.

 

 

_____________________________________________________

 

______________________________________________________

MassHousing’s turnaround time for providing payoff figures is two (2) business days.

Rev. 4/10/07

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hud lien payoff request form empty spaces to fill out

The program will require you to submit the PAYOFF DATE Must be no earlier, PAYOFF REASON Please check one of, Refinance with External Lender, Refinance with MassHousing, SEND PAYOFF STATEMENT Please, Fax a payoff statement Fax A, and Mail a payoff statement No fee segment.

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