FAQ

Frequently Asked Questions & Glossary of Terms

Here are a few of the questions we get the most, along with a 
glossary of terms. If you do not see what you are looking for please
reach out to us via phone (800) 806-3639, email [email protected],
or chat using the green chat bubble in the lower right corner of the page..

  • Show FAQs
  • 1
  • A
  • B
  • C
  • D
  • E
  • H
  • I
  • L
  • M
  • N
  • O
  • P
  • Q
  • R
  • S
  • T
  • U
  • V
  • W
  • WHAT IS A PAYOFF LETTER?

    A document obtained from a lender that shows what is owed by the borrower. Typically it will contain the total amount due up to specific, a "per diem" of how much is owed if paid after that date, and what the good through date is.