Mortgage Payoff peace of mind
PayoffProtect validates the authenticity of wiring instructions to ensure payments aren’t sent to fraudsters.
Request a Demo
PayoffProtect eliminates the risk of fraud, streamlining the process across all payoffs.
Your work is done, in less than 2 minutes
Input wiring details, PayoffProtect does the rest.
Receive valid & safe payoff instructions
CertifID status is achieved via the proprietary PayoffProtect solution.
Get $1M of insurance and peace of mind
Say goodbye to time-consuming and risky payoff verification.
The data speaks for itself.
Verification rate
Transactions protected
Amount of fraud caught
PayoffProtect covers +95% of all payoffs including the nation’s primary lenders:
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.
