Tips/tricks to get loan payoff amount

[Wesley I.]

What are your tips/tricks to obtain a mortgage payoff amount?

Im going through their automated system but since im not the borrower I don’t think they will just give this info to me.

Any ways around this?

Thanks for sharing.

[Derek Kirkwood]

Credit report or phone automated system. Ask the seller for a recent credit report. If you don't have access to either of those see if the county has records online. Look up the original mortgage or deed of trust. That will have the original balance, start date, and maturity date. They usually don't have interest rate but you can make an educated guess. Use that information to reconstruct the amortization table. Assuming this is a current senior mortgage then assume they have made all of the payments on time and look up what the balance would be at this point. It won't be a perfect answer but will be close enough for your purpose.