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Do payoff figures need to be verified at closing?

April 26, 2017closing figures payoff verified

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Do payoff figures need to be verified at closing?

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If payments were posted to or removed from the account after the payoff statement was ordered, the amount due will change. If payoff funds are received after the date the payoff statement expires, the interest amount due will be different. You should contact our Loan Servicing Department at (800) 342-4998 on the day of closing to verify the payoff figures.