Housing Preservation provides information on second mortgage payoffs, subordinations, lien releases and Grants for Grads forgiveness.
Payoffs for Second Mortgages
Refer to your mortgage statement to determine servicer; contact information to request payoff is shown below. The second mortgage balance due is included as a line item on the first mortgage payoff statement. Email loanadmin@ohiohome.org for more information.
- US Bank
Call 800.365.7772 or fax 800.200.8772 - Lakeview
Call 800.509.0183 or go to the website at https://lakeviewloanservicing.myloancare.com
Grants for Grads Forgiveness
To request forgiveness of remaining balance, please email a signed purchase contract, rental agreement or notarized affidavit of residence with family/friends showing an Ohio address to loanadmin@ohiohome.org or fax to 614.644.5393.
Subordinations – Only Grants for Grads are Eligible
We only subordinate Grants for Grads or loans originated by an OHFA-approved lender using OHFA's refinance program. The subordination form for an OHFA refinance loan can be found in the lender portal with the refinance checklist.
Borrower cannot receive cash out. Please email the completed subordination request, documents and bank confirmation of ACH payment to loanadmin@ohiohome.org or fax to (614) 644-5393. Please allow 3 business days from receipt of bank confirmation of ACH payment and all required documents for subordination to be created. Signed subordination will be emailed to all parties listed on the request form and the original sent with the shipping label provided by requestor.
- Subordination Request Form (101 KB Adobe PDF File)
- ACH Information Form (218 KB Adobe PDF File)
