Payoff statement definition

Payoff statement means a written statement furnished by the mortgage servicer which sets forth all of the following:
Payoff statement means a statement of the amount of:
Payoff statement means a document containing the infor- mation specified in sub.(3) (d).

Examples of Payoff statement in a sentence

  • The term does not include a person that holds only a lien on the real property.property or the trustee under a deed of trust.…(11) Payoff statement.

  • The appraisal review can reject or accept the appraisal, or require additional information or comparables (recent sale prices for comparable homes in the area) to support the valuation.3. Payoff statement.

  • If Seller is able to obtain a Loan Payoff statement from Lender for a May 20, 2010 Closing Date, then Purchaser shall unconditionally be committed to proceed to Closing on May 20, 2010.

  • A woman downstairs had just given birth to a baby and her health was deteriorating.


More Definitions of Payoff statement

Payoff statement means a statement under Subsection (2) that an interested party requests in order to obtain the amount required to pay off a loan secured by a trust deed.
Payoff statement means a written statement of the amount of the unpaid balance on
Payoff statement means a statement of the amount of the unpaid balance of a loan secured by a mortgage, including principal, interest, and any other charges properly due under or secured by the mortgage and interest on a per day basis for the unpaid balance.
Payoff statement means a written statement that sets forth, as of the date the lender prepares the statement, amounts a borrower must pay in order to fully satisfy the borrower’s obligation under a real estate loan agreement.
Payoff statement means a statement for the amount of
Payoff statement means a statement of the amount of the unpaid balance on a mortgage loan, including principal, interest and other charges properly assessed pursuant to the loan documentation of such mortgage and a statement of the interest on a per diem basis with respect to the unpaid principal balance of the mortgage loan.
Payoff statement has the meaning set forth in Section 2.3(b).