Mortgage payoff after selling your house

I posted last week wondering when our proceeds from our Friday sale would come in and am pleased to share that we received the wire yesterday (home sale price minus commissions and remaining mortgage balance). I checked with my former lender today, and they said that they have not received the wire for the mortgage payoff yet. The title company confirmed that it was sent to the lender yesterday and the lender just hasn’t applied it to our mortgage yet. After you sold, how quickly did your old mortgage show as paid off?

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I posted last week wondering when our proceeds from our Friday sale would come in and am pleased to share that we received the wire yesterday (home sale price minus commissions and remaining mortgage balance). I checked with my former lender today, and they said that they have not received the wire for the mortgage payoff yet. The title company confirmed that it was sent to the lender yesterday and the lender just hasn’t applied it to our mortgage yet. After you sold, how quickly did your old mortgage show as paid off? submitted by /u/btpie39 [link] [comments]

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