How do I handle paying off my existing mortgage at closing?

Paying off your existing mortgage at closing is a seamless process, and with the right guidance, it requires very little from you as the seller. This is where Corbin Roush stands out.

Before closing, your lender provides a payoff statement with the exact amount needed to satisfy your loan, including interest up to the closing date. Corbin ensures this is requested early and aligned precisely with your timeline so there are no last-minute adjustments or surprises.

From there, the title company handles the details. They coordinate directly with your lender, confirm the payoff amount, and include it in your final closing statement. You are not responsible for sending payment or managing logistics.

At closing, the mortgage is paid off automatically using the proceeds from your sale. The title company wires the funds directly to your lender, and once received, your lender releases the lien on the property.

Corbin’s role is making sure every step is accurate and timed perfectly. He works closely with the title company to ensure your payoff is handled efficiently, your numbers are correct, and your closing stays on track.

In short, your mortgage is paid off behind the scenes, and with Corbin guiding the process, it is handled cleanly, correctly, and without added stress.