Verify every payoff before you release a dollar.

Payoff fraud is one of the biggest risks in closing. Closinglock’s payoff verification tool confirms that routing numbers, account numbers, and loan details belong to the right financial institution before funds move. It’s a fast, secure way to protect your team, your clients, and every transaction.

HOME CLOSINGS SECURED
1.5 M
PROTECTED
$ 0 B
LOST TO FRAUD
0
INSURANCE ON EVERY VERIFIED PAYOFF
$ 0 M
HOW IT WORKS

Verify payoff information in seconds.

Frequently Asked Questions

How does Closinglock verify payoff information?
Closinglock verifies payoff information by cross-checking routing numbers, account numbers, and loan details against trusted financial institutions and internal validation tools. The platform confirms that the account belongs to the correct lender or servicer and flags anything mismatched or suspicious before funds are released.
Payoff verification is critical because a single incorrect digit or spoofed email can redirect a large amount of money to the wrong account. Closinglock reduces that risk by verifying payoff details in real time, using secure communication channels, and providing insurance on every verified payoff to protect your clients and your business.
Yes. Closinglock connects to a broad network of legitimate lenders and servicers, allowing the platform to verify routing numbers, account numbers, and loan information quickly and accurately before disbursement.
Yes. Every payoff that Closinglock successfully verifies includes up to $5 million in insurance coverage at no additional cost. This protection applies if a verified payoff is ever found to be fraudulent or incorrect.

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