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Why do I have to pay interest on my loan pay-off past the date of recording?
Answers for Sellers

Your lender continues to accrue interest to the date that they post your loan as being paid in full. This could be one or two days from the date your escrow officer sends your payoff check via Federal Express or wire transfer.

 
 
 

Bunce Realty
Ph: 518-734 4461  -  Fax: 518 734 5541
PO box 7
Windham, NY 12496
www.buncerealty.com

 

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