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What is a Payoff Statement via Facsimile Fee?

facsimile fee payoff
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What is a Payoff Statement via Facsimile Fee?

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A Payoff Statement via Facsimile Fee occurs when an FHA customer elects to receive a written payoff demand statement via facsimile, for a charge of $5.00, which includes free automatic updates to the expiration of the demand. Written payoff demands requested to be delivered via United States Postal Service will not incur a service fee.

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