1. After paying off the last month's mortgage, the borrower takes the loan contract and ID card to the lending institution to go through the loan settlement procedures and get back the motor vehicle registration certificate.
Two, the borrower and the staff of the lending institution, with relevant information to the local dmv for vehicle release.
The required information includes: the identity certificate of the motor vehicle owner and mortgagee, the motor vehicle registration certificate and the loan settlement certificate;
If the people's court mediates, makes a judgment or orders to cancel the mortgage, the owner or mortgagee of the motor vehicle shall confirm the application information and submit the motor vehicle registration certificate, the effective mediation, ruling or judgment issued by the people's court, and the corresponding notice of assistance in execution.
Three, after arriving at the vehicle management office, find the corresponding window, fill in the application form for cancellation of mortgage, and hand it over to the staff of the vehicle management office for relevant cancellation procedures.
The vehicle management office shall, within one day from the date of acceptance, review the submitted documents and vouchers, and annotate the contents and date of cancellation of mortgage registration on the motor vehicle registration certificate.
The certificates and vouchers submitted by the motor vehicle owner or mortgagee are invalid, or the motor vehicle is sealed up or detained by the regulatory authorities, people's courts, people's procuratorates and administrative law enforcement departments according to law, and the mortgage cancellation registration shall not be handled.
Four, after the mortgage cancellation procedures are completed, the borrower to get back the vehicle ownership certificate.
Information required for the issuance of vehicle mortgage loan:
(1) Application Form for Motor Vehicle Mortgage Registration/Pledge Filing;
(two) the identity certificate of the motor vehicle owner and the mortgagee and their copies;
(3) Motor vehicle registration certificate;
(4) If the mortgage is released through mediation, ruling or judgment of the people's court, the owner or mortgagee of the motor vehicle shall also submit an effective mediation letter issued by the people's court.
I hope the above content can help you. Please consult a professional lawyer if you have any other questions.
Legal basis: Article 31 of the Regulations on Motor Vehicle Registration stipulates that if a motor vehicle is used as a mortgage, the owner and mortgagee of the motor vehicle shall apply to the vehicle management office at the place of registration for mortgage registration; If the mortgage right is extinguished, it shall apply to the vehicle management office at the place of registration for cancellation of mortgage registration.
Article 33 of the Regulations on Motor Vehicle Registration stipulates that an application for cancellation of mortgage registration shall be made jointly by the motor vehicle owner and the mortgagee to confirm the application information and submit the following certificates and vouchers:
(a) the identity certificate of the motor vehicle owner and the mortgagee;
(2) Motor vehicle registration certificate.
If the people's court mediates, makes a judgment or orders to cancel the mortgage, the owner or mortgagee of the motor vehicle shall confirm the application information and submit the motor vehicle registration certificate, the effective mediation, ruling or judgment issued by the people's court, and the corresponding notice of assistance in execution.
The vehicle management office shall, within one day from the date of acceptance, review the submitted documents and vouchers, and annotate the contents and date of cancellation of mortgage registration on the motor vehicle registration certificate.