After Your Payoff

You’ve sent your loan payoff payment! Now what comes next? Look below to find out what to expect.

FREQUENTLY ASKED QUESTIONS

This includes: Auto Loan, Personal Loan, Personal Line of Credit, and Home Equity loan or line of credit
If we received more than we need to pay off the loan or line of credit, we will deposit the overpayment to your savings account.
We’ll mail your IRS Form 1098 (Mortgage Interest Statement) in January, if applicable.
The lien release for a home equity is sent to the county clerk’s office within 30 calendar days of the payoff and the county can take 90 days or greater to record the release. You can request a copy of the lien release from your county recorder’s office 90 days after payoff.
If you are unable to obtain a copy of the lien release, you can request a copy directly from us after it has been recorded.
For an auto loan, we will mail your title or lien release to the address that appears on your account. If the title is held electronically your state Department of Motor Vehicles will be sending the lien free title.
- Florida doesn’t generate a lien free title when the electronic lien is released. You should contact the state Department of Motor Vehicle for a lien free title.
If your mailing address has changed, please complete an address change through the online banking website.

Any escrows will be netted meaning that if there is an escrow balance it will be credited to your payoff minus any due taxes and insurance payments.
We’ll mail your IRS Form 1098 (Mortgage Interest Statement) in January, if applicable.
The release of mortgage is sent to the county clerk’s office within 30 calendar days of the payoff and the county can take 90 days or greater to record the release. You can request a copy of the lien release from your county recorder’s office 90 days after payoff.
- If you are unable to obtain a copy of the release, you can request a copy directly from us after it has been recorded.