Default

IF THE MARKET VALUE OF MY MORTGAGE IS $50,000.00 COULD I ASK MY LENDER I WANT TO PAY IT OFF. MY HOME IS NO LONGER $159,0

IS NO LONG WORTH $159,000.00 WHEN IT WAS FIRST PURCHASED

Answer this question

Your answer:

  • (erase)

1 answer

102 Pro-badge

You can pay off your mortgage at anytime but the lender won’t care what the value is... ask them for a payoff statement and instructions on where to send the check etc.

You need to be logged in to enter a comment

Welcome to SmartHippo answers!

Not sure where to start? The SmartHippo community is here to help.

  • Ask any question about mortgages, home financing or real estate
  • We'll email you when you have new answers
  • It's easy and free!

Have a mortgage question?

characters left
you can add details later

Top Q&A contributors

  1. 102 rmcvanguard 90 answers
  2. 1146 entitledirect 41 answers
  3. 1266 orionmortgage 28 answers
  4. 145 GeorgeFavvas 21 answers
  5. 320 fredglick 11 answers

Compare mortgage rates