FAQs

Can I do a mortgage recast with any principal payment amount?

No, there is a minimum payment requirement. To qualify for a mortgage recast, your lump-sum principal payment must be at least $10,000.00.

How to Send Your Payment (Important): For the fastest processing time, we highly recommend sending your $10,000+ payment via wire transfer or certified funds.

• Wire or Certified Funds (Fastest): Your recast can begin processing right away.
• Other Payment Methods (Slower): If you use a standard check or other method, we are required to collect additional documentation (like bank statements) to verify the funds, which will significantly delay your recast process.