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How to fill out the Recast Agreement online
Filling out the Recast Agreement online can be a straightforward process if you follow the right steps. This guide is designed to help you navigate the form, ensuring you understand each section and can complete it efficiently.
Follow the steps to complete your Recast Agreement successfully.
- Click ‘Get Form’ button to obtain the Recast Agreement and open it in the editor.
- In the Principal Curtailment Information section, enter the amount of the principal curtailment. Ensure that this amount is a minimum of $5,000, as this is a necessary requirement for the recast process.
- Next, indicate the principal curtailment date. This date must be within 30 days of the application date, so select a date accordingly.
- Fill in your customer contact information, including your loan number, borrower name, co-borrower name, home and cell phone numbers, and email addresses. Ensure that all information is up to date and accurately reflects your current contact details.
- Provide your mailing address where you would like to receive correspondence related to your application.
- Review the important message regarding communication authorization. Choose whether to authorize RoundPoint Mortgage Servicing Corporation to contact you via text, email, and/or auto-dialer by checking the appropriate box.
- At the end of the form, certify your understanding by signing the Customer Attestation section. Ensure that both the borrower and co-borrower sign and date the agreement.
- Once you have completed the form, save your changes. You can then print or download the form for your records.
- Submit your completed Recast Agreement along with the required copy of the Recorded Mortgage Deed of Trust to the specified address for RoundPoint Mortgage Servicing Corporation.
Begin filling out your Recast Agreement online today to take control of your mortgage payments.
transitive verb. : to cast again recast a gun recast a play also : remodel, refashion recasts his political image to fit the times.
Fill Recast Agreement
The recasting of legislation means the adoption of a new legal act, when an amendment is made to a basic instrument. A mortgage recast is a way to lower your monthly mortgage payments without refinancing. A mortgage recast is when you make a lumpsum payment toward your principal balance to reduce your monthly payments. Note: The Recast Agreement lists your new, lower monthly payment amount.
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