|Payoff / Assumption Policy |
Standard Mortgage Corporation maintains a strict
policy of requiring written requests for all loan payoff or assumption
information. Privacy rights plus the inherent risks associated with verbal
quotations make our policy a necessary practice. We, therefore, will not
provide this information by telephone.
Our Account Estatus will furnish
current unpaid loan principal balances, but this must not be construed as
sufficient for prepayment. All payoff requests must be sent in writing to:
Attention: Payoff Department
Standard Mortgage Corporation
701 Poydras Street, #300 Plaza
New Orleans, LA 70139-0300
Fax: (504) 569-3715
Do not mail any correspondence to the post
office box, as this facility is used exclusively for payment remittances.
If you contemplate selling your
home, please make this information available to your realtor, attorney or
notary in sufficient time prior to your closing.