Congratulations on finishing your flip! We hope Capital Fund 1 proved to be an invaluable capital partner during the acquisition and value add process of your real estate project. To request a payoff, please use the form below for faster processing.
If a payoff is requested for a date after the 10th of the month and payment has not been made, a late fee will be included. However, if a payment is made before the 10th, an updated payoff may be requested and will no longer show that late fee.
That is our “Broker” fee, which is the cost of releasing the lien on the property and recording that release with the county.
Payoffs are typically sent within five business days; however, please refer to the payoffs email for an accurate timeline.
All interest is paid in arrears. (Ex. June payment is for the interest of May)
Please email our servicing team at [email protected] to request a Satisfactory debt letter.
Lien releases are typically recorded with the county 30 business days after the loan has paid off in full.