The prepayment of mortgage can be paid off in one lump sum, and the borrower who repays the mortgage in advance can choose to pay off part or all in advance, so there is no requirement for prepayment to be paid off in one lump sum. According to the bank's regulations, customers who repay in advance need to submit a written application one week to one month in advance and agree on the repayment date. Then, according to the agreed date, bring your ID card and the loan contract signed by the bank to the bank to fill in the loan repayment application form and prepayment agreement, and deposit the money to be repaid into your account for withholding the loan principal and interest according to the requirements of the bank, which will be automatically deducted.

What else should I pay attention to in advance of mortgage loan? First of all, we must ask about the requirement of early repayment.

If the borrower wants to repay the mortgage loan in advance, it must be repaid for more than half a year, or even individual banks require repayment for more than one year. Banks generally require borrowers to submit written or telephone applications 15 working days in advance, and banks need to examine and approve borrowers' mortgage repayment applications after receiving them, so it usually takes about one month. In addition, banks have different requirements for repaying loans in advance. For example, some banks stipulate that early repayment of loans is an integer multiple of 6.5438 million, and some banks need to charge a certain penalty.

Second, the documents of mortgage prepayment need to be prepared.

If the borrower wants to repay the mortgage loan in advance, he should generally go to the bank for examination and approval with his ID card and loan contract after applying by phone or in writing. If the borrower has settled all the balance, it is convenient for the borrower to deposit enough funds to repay the loan in advance after the bank calculates the remaining loan amount. If it is a customer or owner of the sub-mortgage business, it is best to find a professional guarantee institution to do entrusted notarization to avoid the risk that the owner will increase the price after the owner repays in advance, and the customer will not buy it or help the owner pay off the final payment with the down payment.

Third, don't forget to surrender and cancel the mortgage to repay the mortgage in advance.

After the lender settles all the final payment in advance, the bank will issue a settlement certificate. The borrower can call the relevant insurance company with the original loan settlement certificate, the original policy and the original invoice issued by the bank to make an appointment to surrender. When the borrower applies for a loan, the bank will register the mortgage. Don't forget to cancel the mortgage after the customer settles the loan. The borrower should bring the property right certificate, settlement certificate and other rights certificates mortgaged in the bank to the office of the District Construction Committee to understand the mortgage situation. In this way, your own property is completely your own property.