Tools

Delete This Page

Are you sure you want to delete this page? Once you delete this page it cannot be retrieved.

Publish This Page

Are you sure you want to publish this page? Once you publish this page it will appear on the site.

mortgage payoff

A payoff is the entire amount required to satisfy the mortgage in question.

A mortgagor can request a "payoff amount" at any time if they would like to pay the loan in full. Payoff amounts are commonly requested when homes are sold to prepare for the closing. They may also be used in default situations where a Lis Pendens has been filed and an owner is in need to pay off a loan quickly to avoid foreclosure.
SAVECANCEL Saving changes
  •   Flag content
    Close
    Report a Problem

    Please enter a valid email address.

    Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.

    Close
    Content flagged

    We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

    Close
    We're Sorry
    This service is temporarily unavailable. Please come back later and try again.
  • Last edited December 08 2006
Contributors to this article include:

Have a question? Ask it here.

What's this?
Close

By starting a discussion, you can expect more of an interactive, back-and-forth experience where the conversation can go in many different directions.

Or start a discussion