Comments on: Mortgage Lender Payoff Statement http://www.bargaineering.com/articles/mortgage-lender-payoff-statement.html personal finance blog with anecdotes, advice and commentary. Sun, 22 Nov 2009 02:01:03 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: natalie http://www.bargaineering.com/articles/mortgage-lender-payoff-statement.html/comment-page-1#comment-308967 natalie Wed, 01 Jul 2009 00:16:29 +0000 http://www.bargaineering.com/articles/mortgage-lender-payoff-statement.html#comment-308967 what do you do when the mortgage company will not give you a pay off statement . I have wauited 6 month s and keep sending the request and they will not comply ? what can I do ? what do you do when the mortgage company will not give you a pay off statement .
I have wauited 6 month s and keep sending the request and they will not comply ?

what can I do ?

]]> By: Pegleg http://www.bargaineering.com/articles/mortgage-lender-payoff-statement.html/comment-page-1#comment-198100 Pegleg Wed, 05 Dec 2007 02:28:18 +0000 http://www.bargaineering.com/articles/mortgage-lender-payoff-statement.html#comment-198100 I hace a Loan the Servicer is Loan Servicing Group in San Diego CA. Now my Principal Balance is under $7.00 but they want to charge me $175.00 in "Other Fees". Basically they are BLACKMAILING ME TO PAY OF MY LOAN. I think this is Usurius and am calling the Feds in the morning. I hace a Loan the Servicer is Loan Servicing Group in San Diego CA. Now my Principal Balance is under $7.00 but they want to charge me $175.00 in “Other Fees”. Basically they are BLACKMAILING ME TO PAY OF MY LOAN. I think this is Usurius and am calling the Feds in the morning.

]]> By: frugal mama http://www.bargaineering.com/articles/mortgage-lender-payoff-statement.html/comment-page-1#comment-6585 frugal mama Thu, 04 May 2006 11:19:32 +0000 http://www.bargaineering.com/articles/mortgage-lender-payoff-statement.html#comment-6585 As a previous bank employee, I will tell you that a mortgage payoff usually has to be requested in writing as your signature is required. The bank often has at least a 24-hour turn-around time on processing your request so don't wait until the last minute. Also, any payments you made may or may not be reflected on the payoff statement so in your request, be sure to mention the date of your last payment so the bank can be sure to process the payment BEFORE the payoff. Also, it is of paramount importance to have your own payoff statement at closing so you can double-check the facts and figures on the paperwork. ~fm As a previous bank employee, I will tell you that a mortgage payoff usually has to be requested in writing as your signature is required. The bank often has at least a 24-hour turn-around time on processing your request so don’t wait until the last minute. Also, any payments you made may or may not be reflected on the payoff statement so in your request, be sure to mention the date of your last payment so the bank can be sure to process the payment BEFORE the payoff. Also, it is of paramount importance to have your own payoff statement at closing so you can double-check the facts and figures on the paperwork.
~fm

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