This is the demand for the borrower to pay off their mortgage in full. It is our experience that they never do, so it is realistically just a formality before filing for foreclosure.

Enter any additional payoff charges in cell G5. You can print and mail this to your Borrower.

IMPORTANT: The Acceleration Notice is based on the Payoff and the same rules apply with creating this notice. Please review the Payoff section BEFORE creating this notice.

Create an Acceleration Notice In Lender Software Pro