(1) After the loan is paid off, the borrower first goes to the loan bank to get the Application Form for Cancellation of Real Estate Mortgage, the Application Form for Cancellation of Registration of Public (Private) Housing Mortgage in xx City and the real estate license, which are sealed by the bank and signed by the mortgagor. (II) The mortgagor carries his/her identity certificate (if the mortgagor or mortgagee is an individual), xx real estate mortgage contract (one copy), application form for cancellation of real estate mortgage, xx application form for cancellation of public (private) house mortgage registration, house ownership certificate, state-owned land use certificate and certificate of other rights of the house, and goes through the mortgage cancellation procedures at the local mortgage registration acceptance window. (3) The staff of the mortgage registration acceptance window shall review the application materials for mortgage cancellation, and go through the cancellation procedures at the counter after the materials are correct. After the cancellation procedures are completed, the real estate license and state-owned land use certificate are returned to the mortgagor, and other cancellation materials are kept by the window staff.

First, the conditions of housing mortgage loan:

1. When the loan expires, the actual age of the lender shall not exceed 65 years old;

2. The lender has stable economic income and no bad credit record, which proves that the lender has the ability to repay the loan principal and interest on time;

3. There is a legal and effective purchase contract;

4. If the newly purchased house is used as collateral, it must have paid a down payment of not less than 30% of the total price of the purchased house and have a legal and effective purchase contract; If you have purchased and applied for a mortgage loan, the original mortgage loan must be repaid for more than one year, the outstanding balance of the loan is less than 60% of the value of the purchased house, and you have a real estate license, and the age of the house is less than 10 years before you can apply for a mortgage loan again.

Second, the housing mortgage loan procedures:

1. Apply for a loan from the bank and sign relevant contracts;

2. The bank issues a loan notice, and then goes to the Housing Authority for mortgage registration and takes out his warrants;

3. Give other warrants to the bank, and the bank will lend money.

Legal basis: Article 400th of the Civil Code of People's Republic of China (PRC) establishes mortgage, and the parties shall conclude a mortgage contract in writing. A mortgage contract generally includes the following clauses:

(1) The type and amount of secured creditor's rights;

(2) The time limit for the debtor to perform the debt;

(3) The name and quantity of the mortgaged property;

(4) the scope of the guarantee.