What Is It?

A payoff letter lists the exact amount you must pay to settle your mortgage — including missed payments, interest, and legal fees.

Why You Need It

• Title companies need it to close
• It tells you what you must net in a sale
• It’s required to cancel the foreclosure

How to Get One

• Call your lender’s loss mitigation dept
• Request in writing (fax/email works)
• Provide the projected closing date

We’ll order it for you if you’re working with us — at no cost.