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 written statement of the amount of the unpaid balance on
Examples of Payoff statement in a sentence
Seller hereby agrees to revise the Closing Date, as such term is defined in Section 5.1 of the Contract, from Friday, May 21, 2010 to Thursday, May 20, 2010; provided, however, that if Seller is unable to obtain a Loan Payoff statement from Lender for a Closing on such May 20, 2010 date, then the Closing Date shall automatically revert to May 21, 2010, as was provided for in the Third Amendment.
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.
More Definitions of Payoff statement
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 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 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 document containing the infor- mation specified in sub. (3) (d).
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).