Phrases with «payoff letter»

A payoff letter is a document that confirms the total amount of money needed to pay off a loan or debt. It provides instructions on how and where to make the payment and states that once the payment is received, the debt will be considered fully paid and closed. Full definition

payoff letter

Sentences with «payoff letter»

You should receive an official payoff letter from your mortgage lender; ask for one if you do not, though it may take a month or three (ask them how long). (money.stackexchange.com)
Perform administrative duties including payoff letters, releases, billing, filing and general ledger and deposit account reconciliation. (jobhero.com)
At least some portion of the new debt will be used to simply refinance the old debt (see Section 7.13 (b)(ix) of the Merger Agreement, which requires Heinz to obtain payoff letters of its existing bank debt), though some Heinz debt will roll. (alephblog.com)
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Phrases with «payoff letter»

Sentences with «payoff letter»

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