No. If we receive a check to payoff your loan we will not include the wire fee.
I made my payment yesterday. It is not reflected on the Demand for Payoff. Do I need to request a new Demand for Payoff? Is there an additional fee?
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 [...]
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 so if you paid a 6/1/17 due date and you are paying off on 6/5/17 the Demand for Payoff will show interest due for 6/1/17 – 6/5/17. The interest paid on your 6/1/17 due date was interest that accrued [...]
A negative trust balance is a credit to the borrower. Reasons for a negative trust balance include: impound funds being credited to borrower since we will not need the funds to pay taxes\insurance or unapplied funds from the reserve account. The lender still receives [...]