We will send the Satisfaction of Mortgage (SAT) to the county where your property is located. This process usually takes anywhere between 10 and 90 days to complete.
Once the county records the SAT/lien release, they will mail the recorded lien release to our partner. We will receive a copy of the recorded lien release, and you will receive the recorded lien release directly from our lien release partner. Additionally, depending on the state where the property is located, you may receive copies of the original note and/or deed of trust.
Any remaining escrow funds will be mailed within 20 business days from the paid-in-full date. Any remaining funds on your account, due to overpayment of payoff funds or additional payments, will also be mailed to you via check as soon as possible. Please ensure we have your updated mailing address on file to avoid delays. You can update your address by contacting our Customer Care team at 877.426.8805.