FL H0505

Mortgage holders must deliver an estoppel letter within 14 days of a written request from a mortgagor, record title owner, or authorized representative, stating the unpaid loan balance.

If the mortgagor or authorized representative requests the estoppel letter, it must itemize principal, interest, other charges due, and per-day interest on the unpaid balance.

If a record title owner or authorized representative requests the estoppel letter, the request must include proof of title or authorization, and the letter must include at minimum the total unpaid balance on a per-day basis.

Mortgage holders are expressly discharged from liability when releasing requested financial information in substantial compliance with the law's requirements, except for obligations under the estoppel letter itself.

Mortgage holders may provide financial information to authorized requesters notwithstanding Section 655.059 regarding financial institution confidentiality.