Paying off a loan is a big step, and SRFFCU makes it easier to get the information you need to move forward. Members can use the loan payoff process to request a payoff amount for eligible loans and take the next step toward closing out their balance.
Request Your Payoff Amount
A payoff amount gives you the full figure needed to satisfy your loan by a specific date. This amount may differ from your current balance because it can include accrued interest, fees, or other loan-related charges through the payoff date. Requesting the correct payoff amount helps prevent delays and makes the process more straightforward.
Loans Eligible for Payoff Requests
SRFFCU accepts payoff requests for a range of loan types, including:
- Mortgages
- Auto loans
- Personal loans
- Home equity loans or lines of credit
- Commercial loans
What to Expect
Members can submit a payoff request online and provide the information needed to identify the loan and process the request. Once the request is received, SRFFCU can prepare the payoff amount and help guide the next steps if any additional information is needed.
Payoff Options
Once you have your payoff amount, you have four different approaches to pay off your loan:
1
Mail-in Payoff Payments
Check should be made out to: SRFFCU. Please provide member name or account number along with the loan ID number that is to be paid off in the MEMO section on the check. Include the most up-to-date balance.
Direct your payoff checks to:
SRFFCU
Loan Servicing Department
221 W. Street Road
Feasterville, PA 19053
2
Wire Payoff Payments
The wiring instructions are:
Self Reliance Financial Federal Credit Union
Routing Number: 226078379
Include the most up-to-date balance. Please provide member name and account number along with the loan ID number that is to be paid off.
3
Visit an SRFFCU Branch/Transfer from an SRFFCU Account
Visit an SRFFCU branch location and provide your member name and account number along with the loan ID number that you want to pay off. We will provide you with the most up-to-date balance. You can pay via check or make a transfer.
4
You can also transfer funds via Online or Mobile Banking.
Please call us at 215-725-4430 ext.502 or visit our Feasterville Regional Office to request the final payoff quote.
Ready to Request Your Loan Payoff?
Take the next step toward closing out your loan with the payoff information you need to move forward with confidence.
Frequently asked questions
What happens when you pay off your mortgage?
Once your mortgage is paid off, you will receive a Satisfaction Piece. This document shows that your loan has been paid in full and that SRFFCU no longer has a lien on your house. You are responsible for the fee to record the Satisfaction Piece.
I′ve paid my mortgage satisfaction fee. What next?
After you have successfully paid off your loan with the mortgage satisfaction recording fee, we will notify the County Recorder of Deeds office to record the lien release on the property. Once we receive this document, you can pick it up from our Feasterville Regional Office, or we will mail it to the address on our records. It typically takes about 30 to 60 days to receive this document.