+1 vote
asked Feb 13 in Home Equity Loans by April

1 Answer

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Whatever your principal balance is, that will be your payoff. If you are selling your house, the title company will need  a payoff amount from your current mortgage lender. That payoff amount will be good until a certain date. If you pay it off earlier, you will get a refund.

Gustan Cho NMLS
Branch Manager
USA MORTGAGE
A Division of DAS ACQUISITION COMPANY NMLS 227262
The Gustan Cho Team at USA MORTGAGE
www.gustancho.com
answered Feb 13 by GustanCho (107,040 points)

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