PO Box 50485, Indianapolis, IN 46250-0485
INTERNAL USE ONLY
DARRELL FORD May 23, 2023
4026 EAST JOPPA ROAD
BALTIMORE MD 21236-0000
PAYOFF STATEMENT
Loan Number: 0125431122 Next Payment Due Date: April 1, 2022
Borrower: DARRELL FORD
OCTAVIA FORD
Property: 4026E JOPPA ROAD
BALTIMORE MD 21236
Loan Type: FHA
Payoff Quote Good Through June 22, 2023
The accrued interest shown below is projected through 06/22/23. After that date, please add an additional $33.67 per
day.
Please send the following Remittance:
Current Unpaid Principal $ 439,569.24
Accrued Interest $ 16,302.39
Prepayment Penalty $ 0.00
Escrow/Impound Required $ 9,427.26
Mortgage Insurance Premium Due $ 514.88
Less Escrow/Impound Funds $- 0.00
Less Unapplied Funds Balance $ 0.00
Payoff Statement Fee $ 0.00
Unpaid Late Charges $ 443.16
Recording Fee $ 50.00
Release Fee $ 0.00
Additional Items Due $ 4,272.87
Deferred Balance $ 0.00
Optional Insurance $ 0.00
TOTAL PAYOFF DUE: $ 470,579.80
Although this payoff quote is good through the date shown above, additional fees may accrue. For example, if we do
not receive the funds and the grace period for your next payment(s) expires, a late charge may also be assessed.
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PO Box 50485, Indianapolis, IN 46250-0485
INTERNAL USE ONLY
A “deferred balance” may include items such as a deferred principal balance, late charges, escrow advances, expense
advances and administrative fees.
The current escrow balance is $-9427.26. Any escrow payments scheduled to disburse prior to the payoff expiration
date will be deducted from the total escrow balance. If the scheduled disbursement creates a negative balance in the
escrow account, these funds will appear as an escrow advance and included in the total payoff due. Available escrow
funds will be returned to the borrower within 14 business days from the date the loan is paid in full.
When applicable, any escrow funds credited toward the total payoff will not be returned.
To ensure you’re submitting sufficient funds to pay your account in full, please contact our Customer Care Team for
updated figures prior to remitting payoff funds. If your loan is referred to foreclosure this payoff statement will no
longer be valid. Therefore, a new payoff statement will need to be requested.
WHERE TO SUBMIT PAYOFF FUNDS
WIRE TRANSFER OVERNIGHT DELIVERIES OF PAYMENTS
Freedom Mortgage Corporation Freedom Mortgage Corporation
Reference: Payoff/Payment Department ATTN: Payoff Department
KeyBank, 127 Public Square, Cleveland, OH 10500 Kincaid Drive, Suite 111
ABA: 041001039 Fishers, Indiana 46037-9764
Bank Account: 359681378402
Borrower Name: DARRELL FORD
Loan Number: 0125431122
Please note that Freedom Mortgage Corporation (“Freedom Mortgage”) requires payoffs to be received in the form of
certified funds. Personal checks will not be accepted. Additionally, Freedom Mortgage will only accept funds to pay off the
account in full. Payoff funds received that are not sufficient to pay the loan account in full will be returned.
Incoming wire transfers received by 4 PM Eastern Time will be credited the same day. Wires received after that time will be
processed on the next business day. Please ensure that all payoff funds submitted include the borrower’s name and loan
number.
Customer Care representatives are available to assist you Monday through Friday from 8:00 AM – 8:00 PM and
Saturday from 9:00 AM – 2:00 PM Eastern Time.
FREEDOM MORTGAGE CORPORATION IS A DEBT COLLECTOR ATTEMPTING TO COLLECT A
DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.
IMPORTANT NOTICE: TO THE EXTENT YOUR OBLIGATION HAS BEEN DISCHARGED IN
BANKRUPTCY, IS SUBJECT TO THE AUTOMATIC STAY OR IS PROVIDED FOR IN A CONFIRMED
PLAN, THIS COMMUNICATION IS FOR REGULATORY COMPLIANCE AND/OR INFORMATIONAL
PURPOSES ONLY, AND DOES NOT CONSTITUTE A DEMAND FOR PAYMENT OR AN ATTEMPT TO
IMPOSE PERSONAL LIABILITY FOR SUCH OBLIGATION.
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PO Box 50485, Indianapolis, IN 46250-0485
INTERNAL USE ONLY
Change of Address Notification Form
Is your mailing address changing as a result of this payoff request? Please let us know your new address below in
order to ensure all trailing documents are sent to the appropriate address. Please return this Form to:
Freedom Mortgage, P.O. Box 50485, Indianapolis, IN 46250-0485
New Address: ______________________________________________________________________________
City/State/ZIP: _____________________________________________________________________________
Loan Number: 0125431122
Attachment: Payoff Statement Disclosure
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PO Box 50485, Indianapolis, IN 46250-0485
INTERNAL USE ONLY
PAYOFF PROCEDURE DISCLOSURE
Borrower: DARRELL FORD 05/23/23
OCTAVIA FORD
Loan Number: 0125431122
FHA Case Number: FR2442025989703
Address: 4026E JOPPA ROAD
BALTIMORE MD 21236
This is in reply to your 05/23/23 inquiry/request for payoff figures or offer to tender an amount to prepay in full your
Federal Housing Administration (FHA)-insured mortgage which this company is servicing.
This notice is to advise you of the procedure which will be followed to accomplish a full prepayment of your
mortgage.
Freedom Mortgage Corporation (“Freedom Mortgage”) will:
[] accept the full prepayment amount whenever it is paid and collect interest only to the date of that payment.
[ ] only accept the prepayment on the first day of the month during the mortgage term; or accept the prepayment
whenever tendered with the interest paid to the first day of the month following the date prepayment is received.
[ ] require at least 30 days prior written notice of your intent to prepay the mortgage (for mortgage insured prior to
August 2, 1985). We consider that the 30-day written notice has not been complied with. NOTICE MUST BE IN
WRITING.
[ ] consider that we have received notice of your intended prepayment and the 30-day notice began to run on (N/A).
NOTE: Because your loan provides for the collection of interest through the end of the calendar month in which your
prepayment is received, it is to your advantage to ensure that the prepayment reaches us as close to the end of the
month as possible but not later than the first workday of the month.
If you have any questions regarding this notice, please contact Customer Care Team at 855-690-5900.
Customer Care Team
Freedom Mortgage Corporation
NMLS # 2767 (www.nmlsconsumeraccess.org)
Attachment: Payoff Statement
2.02
PO Box 50485, Indianapolis, IN 46250-0485
INTERNAL USE ONLY
2.02
FREEDOM MORTGAGE CORPORATION -607 05/23/23
951 YAMATO ROAD
SUITE 175
BOCA RATON FL
33431
125431122 32023 4026E JOPPA ROAD
FHA BALTIMORE MD 21236
DARRELL FORD DARRELL FORD
4026 EAST JOPPA ROAD 4026 EAST JOPPA ROAD
BALTIMORE MD 21236-0000
BALTIMORE MD 21236-0000
FEE EXP DATE DESCRIPTION FEE REM
TYPE CODE ASSESSED AMOUNT BALANCE
40 58 12/02/22 FCL ATTY FEE (HUD) 960.00 960.00
40 58 12/15/22 FCL ATTY FEE (HUD) 1120.00 1120.00
40 15 01/03/23 CERTIFIED STATUTORY MAILING 7.44 7.44
40 34 01/03/23 FC PROCESS SERVER/POSTAGE 26.31 26.31
40 45 01/05/23 TITLE COMMITMENT/EXAM/SEARCH 325.00 325.00
40 45 01/19/23 TITLE COMMITMENT/EXAM/SEARCH 325.00 325.00
40 58 02/06/23 FCL ATTY FEE (HUD) 60.00 60.00
40 58 02/06/23 FCL ATTY FEE (HUD) 767.50 767.50
40 26 02/13/23 FILING FEE 501.62 501.62
40 34 02/13/23 FC PROCESS SERVER/POSTAGE 180.00 180.00
TOTAL FEES DUE 4272.87
