Payoffprotect

Mortgage Payoff peace of mind

PayoffProtect validates the authenticity of wiring instructions to ensure payments aren’t sent to fraudsters.

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Payoff Instructions CertifIDMortgage Payoff peace of mind
PayoffProtect eliminates the risk

What is mortgage payoff fraud?

Learn more about how it happens and how to prevent it.

Learn more
A first-of-its-kind solution

PayoffProtect eliminates the risk of fraud, streamlining the process across all payoffs.

Input wiring details

Your work is done, in less than 2 minutes

Input wiring details, PayoffProtect does the rest.

CertifID status

Receive valid & safe payoff instructions

CertifID status is achieved via the proprietary PayoffProtect solution.

Insurance

Get $1M of insurance and peace of mind

Say goodbye to time-consuming and risky payoff verification.

The data speaks for itself.

+95%

Verification rate

$10B+

Transactions protected

$18M

Amount of fraud caught

PayoffProtect covers +95% of all payoffs including the nation’s primary lenders:

Newrez
Fifth Third Bank
US Bank
Flagstar Bank
Freedom Mortgage
Bank of America
Lake Michigan
PennyMac
Rocket Mortgage
Chase
Wells Fargo
Mr. Cooper

Explore CertifID’s
full range of capabilities

AmeriTitle
Continental Title Company
Jet Closing
Knight Barry Title Group
PM Title
Providence Title
Stewart
True Title Company
Apex Title & Closing Services
Closing USA
Investors Title
Meridian Title Corporation
Proliant Settlement Systems
Security Title Insurance Agency LLC
Title Forward
Title Partners
AmeriTitle
Continental Title Company
Jet Closing
Knight Barry Title Group
PM Title
Providence Title
Stewart
True Title Company
Apex Title & Closing Services
Closing USA
Investors Title
Meridian Title Corporation
Proliant Settlement Systems
Security Title Insurance Agency LLC
Title Forward
Title Partners

Frequently Asked Questions

Does PayoffProtect help our customers generate the payoff?

No, PayoffProtect validates the accuracy of wiring instructions to ensure that a payoff wire is legitimate and not fraudulent.

Do I need PayoffProtect if I only send payoffs by check?

Because check fraud has been on the rise, even this method may not keep you safe, and can get costly at an average of $25 per overnight check.

What kind of payoff should be submitted into the PayoffProtect tool?

Any payoff pertaining to a mortgage, HELOC, or commercial loan should be submitted into PayoffProtect. Any payment being sent to a personal account should use the CertifID core product to confirm those wiring instructions.