1. After applying for bank and financing, if you want to pay off in advance, the bank can send you a certificate after the deduction is successful. After you get this certificate, you can sell the house and go through the formalities of name change.
However, it takes different time for different banks to open letters of credit for you. For example, ICBC can take it out in about a month or two after you repay the loan. If you are in a hurry, go to the bank to hurry, and the time will be faster. If you apply with the provident fund, you can get it in about 9 days in advance.
3. According to the method of updating bank information, my relevant credit records will be displayed about half a month after all my loans are paid off.
I applied for a loan from China Merchants Bank, which is to repay the loan in advance. China Merchants Bank handles its own financing and goes to the local area to cancel the mortgage registration, then I can get the real estate license and go through the liquidation procedures. However, each bank's policies are different. You need to listen to the specific banking rules and procedures. It is recommended to contact the financing bank.