In the event this loan is secured by a Mortgage allowing for advances on a credit line, you are directed by your borrower to freeze the credit line upon issuance of your payoff letter. If there are any increases to the line or any advances are made subsequent to the issuance of your payoff letter, please contact us immediately.
We will rely on your payoff statement to pay the loan in full. A Satisfaction of the Mortgage must be recorded within 30 days after the date on which you receive our payment.
Please contact us at the number shown above with any questions.