Information on this page applies to Interim Servicing and Servicing 911.
Step 1 - Click the following:
- Payoff Statement
- Input Estimated Payoff Date (good-through date for payoff quote)
- Interest Calculation Method: Always Select “Conventional – 365”
- Mailing Name and Address: Always Select “Borrower”
Step 2 - Under Payoff Statement:
- Click on the Comment Page tab
- Copy and paste the Payoff Verbiage into the Comments Page section
- Make sure to update the Loan Number and Customer’s Last Name when copying and pasting the verbiage
- Click OK
Scroll down for verbiage to copy/paste.
Payoff Verbiage to Copy and Paste on Comments Page
Make sure to update Loan Number and Customer Last Name!
Payoff Statement Information
Payoff figures must be verified within 24 hours prior to payoff. The total amount necessary to payoff the loan is subject
to final verification from the Note holder. We reserve the right to adjust these figures and refuse any funds that are not
sufficient to payoff the loan in full. (This includes, but is not limited to, dishonored payments, disbursements or
adjustments made between the date of this demand/payoff statement and the receipt of the payoff funds, or
non-receipt of certified, cashiers or wire funds.) For same day credit, payoff funds must be received by 3:00pm CST
Monday through Friday. Please call Customer Service at 800-201-7544 to verify amounts.
Issuance of this statement does not suspend the requirement to make the loan payment when due under the loan
contract. It is the customer’s responsibility to cancel any automatic payment arrangement. Do not stop payment on any
payment already made. Overpayments and/or Escrow Balances will be refunded within 15 days of receipt of good
payoff funds. If this property is sold to another party, please provide the seller’s forwarding address.
ALL REMITTANCES MUST BE MADE BY WIRE TRANSFER. PLEASE DIRECT FUNDS TO:
Credit: Fairway Independent Mortgage Corp.
Account Number: 750017678
**Reference**: [Loan Number] – [Customer Last Name] - Payoff
The lien release will be mailed in accordance with applicable laws and the loan documents. The lien will not be released
if: 1) any funds previously received are rejected by the bank upon which it is drawn; or 2) an insufficient amount is
received to pay off the loan in full.
For verification or update of figures, please call Customer Service at 800-201-7544
Step 3 - Under Payoff Statement:
- Click Payoff Statement Selection tab and verify all details are correct
- Click OK to generate Payoff Statement
Once generated, the Payoff Statement may be saved as a PDF file. The Payoff Statement is also viewable in Radstar.