What info do I need to get a mortgage payoff for a buyout? | NC

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Q: What information do I need to get a mortgage payoff so a co-owner can complete a buyout? A: Usually, you need enough information for the lender to identify the loan, confirm you are allowed to get the payoff, and calculate the exact amount due through a specific closing date. That often means the borrower’s full name, the loan number, and the property address. If the person asking is not the…