Once the loan pays off, your lender has 30 calendar days to send the original documents to the county to have the loan reconveyed, or to have the lien released.

You will receive a Payoff Overage Surplus check. These checks are scheduled to be printed 15-20 days after the payoff funds have been received.

If you are requesting a Demand for Payoff after your due date and grace period, accrued late charges will show on the Demand for Payoff because it assumes you are not making a payment until you pay off the loan. If you make your [...]

Interest is paid in arrears. This means your principal and interest payment will pay the interest for the 30-day period immediately preceding your payment due date.

You do not need to request a new Demand for Payoff, however if you would like to request a new demand there is an additional $30 Demand Fee. If you do not request a new Demand for Payoff and the account is overpaid, you [...]

No. If we receive a check to payoff your loan, we will not include the wire fee.

The payoff fees are used to process the reconveyance and record it with the county. The most common fees are: Demand Fee: Paid to NSC for preparing payoff amount. Wire Fee: Most loans are paid off by wire so there is a wire fee [...]

The payoff amount is the principal balance, interest, payoff fees, and any unpaid charges on the account.

Some loans do have a prepayment penalty, if there is it will be outlined in the Promissory Note.

Although we are the loan servicer, we take direction from the lender. Therefore, the demand for payoff needs approval prior to forwarding to the requestor.