+1 vote
asked 4 days ago in Home Equity Loans by April

1 Answer

0 votes
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 4 days ago by GustanCho (57,790 points)

Related questions

267 questions
387 answers
594 users