Estoppel Letter

TO: ________________________
____________________________
____________________________
____________________________
REGARDING: _________________
Property located at: _____________________________________________
The balance due upon this mortgage as of ___________ is $ ________
(_____________&___/100
dollars).
The
per
diem
is
$_______
(_____________&___/100
dollars).
The
mortgage
was
last
paid
on
_________________.
The figures in this estoppel are effective until _____________.
Funds should be wired to: ________________ Name of Account, ____________ Bank,
_____________ ABA #, _______________ Account Number.
Fax a copy of your wire instructions to: ________________, Attention: ____________.
Dated: ______________________
For: _______________________________
Owner
By: _______________________________________
Lender
As: _________________________
_______________________
_______________________

Estoppel Letter
Review List
This review list is provided to inform you about this document in question and assist you
in its preparation. An estoppel letter is to determine payoff amounts at a closing or sale
of a property. Both private and public lenders provide these as a matter of course.
These can also be used for corporate banking situations when acquirers and/or lenders
take out old loans.
If you are in a such lending situation, this document formalizes the process and will
assist the escrow agent, attorneys, or whomever else is handling the transaction to
handle it appropriately and deliver you your funds.

1.

Make multiple copies. Give a copy to each related party. Keep one with the
transaction file.