Bank mortgage refers to applying for a loan from a bank, usually with real estate mortgage. At this time, the real estate is mortgaged in the name of the bank, and the trading center will give the bank other rights certificates. After the loan is paid off, the mortgage will be revoked, that is, the mortgage will be lifted, so that the real estate rights are not restricted and the bank is no longer the mortgagee.
What is the procedure for bank release?
Generally, it is the borrower's ID card, contract, bank card or cash. Some banks need to make an appointment and will return your other warrants, power of attorney, settlement certificate and other materials within a few working days after acceptance. You can take these materials to the local housing authority to find out.
You can get the house book after the loan, but you can pay attention to the mortgage record on the house book, including the mortgage amount and term. At the same time, the bank retains other warrants printed by the local housing authority. After your loan is settled, the bank will return the other warrants to you. You can take them to the Housing Authority to learn about the mortgage situation, print the cancellation date after the mortgage record, and the property right will be 100% yours, and you can sell it again or mortgage the loan.
Operation flow of loan mortgage issuance:
Mortgage and mortgage cancellation process of real estate license in this city
Loan settlement. After the borrower's loan is settled, he shall present the loan settlement notice issued by the bank to the management department and the sub-center to issue the Notice of Cancellation of House Property Right Mortgage in triplicate, one of which shall be kept by the center and the other two shall be handed over to the borrower.
Get a real estate license. The borrower holds his/her ID card and goes to the central personal loan department and sub-center to get the real estate license and the notice of mortgage cancellation issued by the central personal loan department, sub-center and trading center.
Really understand better. With the above procedures, the borrower goes to the property rights trading center of the city to handle the mortgage cancellation procedures.
The guarantee company guarantees the business release process in this city:
Loan settlement. After the borrower's loan is settled, he shall present the loan settlement notice issued by the bank to the management department and the sub-center to issue the Notice of Cancellation of House Property Right Mortgage in triplicate, one of which shall be kept by the center and the other two shall be handed over to the borrower.
Get a real estate license. The borrower holds his ID card and goes to the guarantee company to get the real estate license and the notice of mortgage cancellation issued by the guarantee company and the trading center.
Really understand better. The borrower goes to the property rights trading center to handle the mortgage cancellation procedures with the above procedures.
How to go through the formalities of vehicle release after the loan is paid off;
To understand the mortgage procedures of car loan repayment, you need to bring the following materials: vehicle household registration book, repayment instructions, bank organization code certificate owner and power of attorney, as well as driving license, driver's license, car purchase invoice, vehicle annual inspection certificate, insurance certificate and owner's ID card.