The mortgage has been paid off, and the following procedures are required:

1, go through the house loan settlement procedures.

Step 2 remove the mortgage

3. Go through the surrender procedures.

4. Procedures for refunding the deposit

1. After paying off the mortgage, the first thing to do is to go through the house loan settlement procedures, because the procedures to be handled in the future require the borrower to provide the house loan settlement certificate.

2. After completing the mortgage settlement procedures, you need to bring your ID card, loan settlement certificate and other documents to the housing management department to handle the mortgage cancellation procedures, because only after completing the mortgage cancellation procedures can you transfer the property to your own name and truly own the ownership of the property.

3. When banks handle mortgage loans, they often need to handle some related insurance business as a guarantee. After the mortgage is paid off, it is natural to go to the insurance company for surrender procedures.

4. If you buy a house with a loan, you may pay a deposit at the developer, so you need to go to the developer to refund the deposit after the mortgage is paid off.

Can I make an understanding mortgage if I haven't released it for 5 years after the mortgage is paid off?

For the case that the mortgage has not been lifted after five years, the customer can go through the formalities of understanding the mortgage afterwards. After all, there is no time limit for banks to release houses. As long as the information is complete, customers can go to the Housing Authority to understand the mortgage procedures. Of course, if some materials are lost for a long time, it may affect the procedures for canceling the mortgage.

Therefore, it is recommended that customers should complete the formalities of canceling the mortgage as soon as possible after paying off the mortgage.

In addition, if you buy insurance when applying for a loan, you need to go to the insurance company to go through the formalities of surrender. After the mortgage is paid off, you must first apply for a loan settlement certificate at the bank. After the settlement certificate is completed, you can take it to the housing management office and the insurance company.

After the mortgage loan is paid off, you can immediately issue a loan liquidation certificate to the bank, retrieve other tickets, and go to the Housing Authority for cancellation of mortgage registration with personal identification certificate, real estate license, loan liquidation certificate and other tickets. Moreover, we also need to note that the house really belongs to the customer after the mortgage registration is cancelled. If it is not published, customers can't add their names to the real estate license.

If the customer is temporarily unable to go through the formalities of understanding the mortgage, he can actually find someone else to help him prepare the power of attorney issued by the notary office.

What documents can I get after the house loan is paid off?

The following procedures are required:

1. Handle the mortgage cancellation formalities with the loan bank.

2. Go through the refund formalities of the corresponding insurance premium with the insurance company.

3. Return the deposit to the developer (if any). If you have applied for the real estate license during the loan period, you only need to go to the window of the administrative service center housing management office with the cancellation form, other warrants and bank ID card.

If there is no real estate license, after the loan is repaid, take the cancellation form of the bank to the housing management office window for cancellation, and then apply for real estate license, you must bring the following information:

1. Copy of ID card or household registration book, household registration certificate, private seal of property owner and * * *.

2. Purchase contract (original).

3. Have a copy of the contract.

4. Purchase invoices and copies.

5. Door license and copy.

In addition, after the bank loan is paid off, you can go to the bank to issue a loan settlement certificate. Different banks have different time limits for receiving foreign exchange settlement certificates. It usually takes about a week, and Minsheng Bank can get it in five working days. It may take ten days and a half months at the latest. The bank loan settlement certificate generally has two purposes: one is to prove that the loan has been paid off and reduce the personal debt ratio; One is to cancel the loan mortgage. After three working days, the borrower can go to the bank to get the settlement voucher; Within seven to fifteen working days after the commercial loan is paid off, the borrower can get the settlement certificate from the bank. When printing the settlement voucher, the borrower should bring his ID card and loan contract. When the bank loan is paid off, the borrower can issue a loan settlement certificate to the relevant bank, and different banks receive the settlement certificate at different times. General banks require borrowers to collect the settlement certificate from the bank within seven working days after paying off the loan. There are also some banks that require borrowers to get the settlement certificate from the bank within 15 working days after paying off the loan. The borrower can contact the customer service of the relevant bank to inquire about the specific time to receive the settlement voucher, and the borrower should take the time specified by the bank as the standard. The borrower can go through the mortgage cancellation registration formalities at the local housing authority with the loan settlement certificate, or go through the surrender formalities at the corresponding insurance company with the loan settlement certificate. If the borrower fails to get the loan settlement certificate within the specified time, he needs to ask the bank for the loan settlement certificate. You can only get the settlement voucher after repayment, and the bank is a formal financial unit. There is no case where the intermediary receives the settlement certificate quickly. The borrower still needs to go to the relevant bank and get the settlement certificate according to the formal process. Remind everyone that you can't get the bank settlement certificate immediately after paying off the arrears. Don't believe that the intermediary can help you get it immediately, just to defraud your handling fee.

The process of paying off the mortgage

Most mortgage buyers will choose to buy a house for 30 years, so the repayment pressure in each period is relatively small. However, in the process of repayment, if the economic conditions improve, everyone will think of paying off in one lump sum to avoid the trouble of monthly payment in the future. The one-time repayment process of mortgage is as follows: users need to contact the loan bank to apply first, and then arrange the deposit of funds after the other party agrees to settle the request in advance. Otherwise, they will only deduct the current part of the deposit into the bank. In addition, for early settlement, banks will have requirements, such as the loan still has one year. After the bank agrees, users need to carry personal ID card, loan contract, repayment card, property certificate, etc. Go to the bank counter and the other party will ask you to deposit the money in the designated repayment card. The bank will automatically deduct and repay the money in the bank card, hand over the deduction document to the user and the staff, and the other party will issue a settlement voucher. The bank staff will take his and the borrower's rights to the Housing Authority to cancel his rights, and the house will belong to the full amount after the transaction.

What should I do after the mortgage is settled?

After paying off the house loan, you should go through the formalities of mortgage cancellation. After paying off the housing loan, you should carry the real estate license, ID card and loan settlement certificate in time and go through the mortgage cancellation procedures at the local housing authority.

When applying for a mortgage, the house is generally mortgaged to the bank. If the mortgage is not released after the mortgage is paid off, the ownership of the house still belongs to the bank. So, don't forget to pay the mortgage after you pay it. Or you can apply for mortgage registration at the time of loan, so you can get the real estate license directly. After paying off the mortgage, all the property rights of the house will automatically belong to you, and there is no need to cancel the mortgage.

Based on the interest of bank mortgage loan, the bank now stipulates that the loan term is within one year (including one year), so the repayment method is one-time repayment of principal and interest, that is, the initial loan principal plus the interest of the whole loan period. Housing mortgage loan requires the service life of the house to be within 20 years; The housing area should be more than 50 square meters; The house should have strong liquidity: secondly, the value of the mortgage loan: the amount of the mortgage loan is 70% of the appraised value of the house.