The statement of a lender that shows the remaining balance and other information about a loan.
The lender's statement under a deed of trust detailing the remaining principal balance, monthly payment and interest rate on the loan. Also called a bene statement, offset statement or estoppel certificate.
A statement of the unpaid balance of a loan and the condition of the debt, as it relates to the Deed of Trust.
a statement sent by the beneficiary (lender) to an escrow informing the escrow officer of the exact amount that must be paid out of the seller's proceeds to pay off the existing loan
A statement by the holder of deed of trust stating the amount of the unpaid principal on the note and other information about the debt. The holder is required to give this statement upon payment of a small fee. Also called an offset statement or a bene statement.
Statement of a lender, giving the remaining principal balance and other information regarding the loan. Usually obtained when an owner wishes to sell or refinance.
The statement of a beneficiary under a deed of trust stating the principal balance due on a promissory note and other information concerning the loan.
When an existing loan is to be paid or assumed by a buyer, the escrow agent will obtain a statement of the balance due on the loan so the buyer receives the proper amount of credit.
(See Offset Statement.) Back to the Top
It is a statement provided by the lender that discloses the current balance on a loan.
Lien holder's statement showing the unpaid balance on a trust deed note.
