Total-Loss Payoff

Eliminate the hassle associated with total-loss transactions.

  • Expedite the process for quicker settlements and payment receipt.
  • Easy communication directly with the insurance carrier to guarantee resolution.
  • One centralized, web-based application for easy access and tracking of the entire payoff process.

Total-Loss Payoff: Workflow

  • Step 1

    Lender receives Alert via Premier eTitleLien

  • Step 2

    Review payoff request on the Dashboard

  • Step 3

    Accept or reject payoff amount

  • Step 4

    Generate, sign and send Letter of Guarantee

  • Step 5

    Carrier authorizes funds and transfers via ACH

  • Step 6

    Lender accepts funds and releases title to carrier

Schedule a Demo