It will take about a week to release the property. After the parties go through the settlement formalities at the loan bank, the bank will issue the repayment certificate within 1-3 working days; Submit the real estate mortgage contract, house ownership certificate and loan repayment certificate to the real estate trading center, and the staff will go through the cancellation procedures on the spot after verification, review and confirmation, and decompress and archive them within 3 working days.

After the property is pledged, the debtor may apply to cancel the property pledge by paying off the debt before the loan term.

Since the house cannot be pledged, only the real estate license can be pledged. The real estate pledge only puts the real estate license on others, and there is no mortgage registration. Therefore, compared with the decompression time of real estate mortgage registration, the decompression time of real estate pledge will be shortened and the time will be different. This requires consulting a specific loan company.

Real estate pledge loan process:

1, interview;

2. The loan company conducts home visits;

3. Prepare loan materials and conduct house inspection and evaluation;

4. Sign a loan contract;

5. Go to the Construction Committee for notarization and mortgage registration;

6. Lending companies lend money.

Materials required for real estate pledge loan:

1. ID card, household registration book, marriage certificate and real estate license of both husband and wife of the borrower;

2. The original credit reports of the borrower and both husband and wife;

3. The borrower's bank flow in the past six months.

I hope the above content can help you. Please consult a professional lawyer if you have any other questions.

Legal basis: Measures for the Administration of Urban Real Estate Mortgage

Article 35 If the mortgage contract is changed or the mortgage relationship is terminated, the parties to the mortgage shall go to the original registration authority to change or cancel the mortgage registration within 05 days from the date of change or termination.