What to do after pay off mortgage
[DOC File]HUD | HUD.gov / U.S. Department of Housing and …
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Department, do not satisfy the lien until after such. amount(s) has/have been received and deposited by HUD. 3.Recapture Amount. The lien is on the property (not the. mortgagor). If the former mortgagor is not able to pay the. recapture amount after paying off the first mortgage or. first deed of trust and locate new housing, the new owner
[DOC File]Producing Title Policy Documents
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After printing the Payoff Letter, you will need to mark it to indicate whether the payoff will be sent with the letter or wired. For non-mortgage payoffs, the program will print a simplified payoff letter. After printing the Discharge Affidavit, you will need to fill in the date of the payoff statement.
[DOC File]Demand Letter to Mortgagee, Mortgage Servicer …
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Pursuant to M.G.L. c. 183, §54C(a)(3)(ii)(C), you are hereby informed that if your Company does not either comply with this demand or object to this demand on the basis that the mortgage loan was not properly paid off in a writing sent to the undersigned by certified mail within thirty (30) days after the postmark of this letter, the Mortgage ...
[DOC File]VIA FACSIMILE - HomeFirst Mortgage Corp.
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On a reverse mortgage, there are no monthly or annual repayments----and there are no credit qualifications. What if I owe money on a first or second mortgage; can I still get a Reverse Mortgage? Yes, the funds you receive are first used to pay off the existing mortgage. After getting a Reverse Mortgage, wouldn’t the lender own my home? No.
[DOC File]Seller/Servicer
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For loans with initial loan applications dated on and after 10/01/2009 HUD-1/Settlement Statement/TRID Closing Disclosure - Provide final version of applicable document Loan Application: Uniform Residential Loan Application (Form #65) - Include the initial (often handwritten) dated loan application. Mortgage Insurance Certificate
[DOC File]STANDARD MORTGAGE TERMS
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Our right of consolidation applies to the Mortgage and to any other mortgages given by you to us. This means that if you have mortgaged other property to us you will not have the right, after Default, to pay off the Mortgage or any mortgage of other property unless you pay us the money owed by you under both the Mortgage and the Other Security.
[DOC File]ATTORNEY AFFIDAVIT OF DISCHARGE FORMS
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Failure to so provide or record a proper discharge or provide written notification objecting to the mortgage payment within 45-days shall expose the mortgagee, mortgage servicer or note holder to liabilities and remedies provided in M.G.L. c. 183, § 55(c) and shall, in addition, entitle the undersigned to execute and cause to be recorded an ...
[DOC File]Closing Affidavit - Seller
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Neither I/we am/are in default of any mortgage affecting the Real Property by reason of there being payments due and unpaid on any mortgage for two months or more. That I/we as seller do not have a right to acquire an interest in the premises after closing, nor does a person or entity other than the purchaser have a right to acquire an interest ...
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