[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-284120-105":3,"detail-sidebar-cat-1-en-105":81,"doc-detail-284120-en":127},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","authorization-to-release-payoff-statement-commercial-loan-services","Authorization to Release Payoff Statement - Commercial Loan Services","","This document serves as an official authorization form for commercial loan holders to request a payoff statement from Cooperative Business Services, LLC (CBS). It enables the borrower to designate an additional party to receive the statement, streamlining the communication process regarding current loan balances. The form requires essential details, including loan identification numbers, borrower signatures, and recipient contact information. CBS reserves the right to verify credentials before releasing sensitive financial payoff data, with a processing timeframe of up to 24 hours. 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I understand CBS maintains the right to request additional information prior to releasing any payoff information to myself or the additional party listed below. I acknowledge it may take up to 24 hours to receive the requested payoff.  \nLoan Number:   \nLoan Name:   \nPerson Requesting:   \nBorrower Signature:   \nDate:   \nDate of Payoff Letter:   \nI request that CBS send this payoff to the additional party listed below:  \nName:   \nCompany:   \nEmail Address:   \nFax:","cbCaieCfHFT7gqN2","https://ap.wps.com/l/cbCaieCfHFT7gqN2","pdf",205016,"English","# Authorization to Release Payoff Statement\n## Borrower Information\n## Additional Party Information","[{\"question\":\"What is the purpose of this document?\",\"answer\":\"This document allows a commercial loan borrower to authorize Cooperative Business Services, LLC to release a payoff statement for their loan to themselves or a designated third party.\"},{\"question\":\"How long does it typically take to receive the requested payoff information?\",\"answer\":\"Once the authorization is submitted, it may take up to 24 hours for Cooperative Business Services to process and provide the requested payoff statement.\"},{\"question\":\"Can Cooperative Business Services request further information?\",\"answer\":\"Yes, CBS maintains the right to request additional documentation or information to verify the request before releasing any payoff details.\"}]","Authorization to Release Payoff Statement - Commercial Loan Services | PDF",1789628249]