1. First, the loan needs to be settled. After the borrower has settled the mortgage, he will issue the Notice of Cancellation of House Property Mortgage to the Provident Fund Center with the loan settlement notice issued by the bank.

2. Secondly, the borrower will get a certificate of other rights. The borrower shall, with his valid ID card and mortgage cancellation procedures, go to the provident fund center to receive his right certificate and mortgage cancellation notice.

3. Finally, we have to go through the formalities of understanding the mortgage. The borrower shall go through the mortgage cancellation procedures at the original mortgage registration department with his valid ID card, other rights certificate, real estate license and repayment certificate.