You can go through the mortgage repayment procedures immediately. The borrower needs to bring his ID card and loan contract directly to the loan bank to handle it.

Loan settlement procedures:

After the entire loan principal and interest have been paid off, you can go to the lending institution to apply for the "House Title Certificate" and "Loan Settlement Certificate". Cancel the mortgage at the real estate trading center in the district or county where the property is located;

When handling house mortgage cancellation business, you need to fill in a "Mortgage Cancellation Application Form" and provide the "Loan Settlement Certificate" given to the borrower by the lending institution ", as well as the "House Ownership Certificate" and "Other Property Rights Certificate" (the originals of both certificates must be submitted at the same time) or "Mortgage Certificate" that I need to provide;

Go to the Real Estate Bureau to handle the mortgage cancellation procedures;

Take his ownership certificate to the housing authority where the house is located to complete the cancellation registration procedures. The housing authority will stamp the ownership certificate (indicating that the mortgage has been paid off).