What procedures need to be done after the mortgage is settled in advance?

The first step is to release the mortgage. Have full ownership. The borrower needs to bring the real estate certificate, settlement voucher and other bank rights certificates to the District Housing and Urban-Rural Development Committee to handle the mortgage release procedures. Only in this way can his house truly become his private property. The home buyer can go to the corresponding window of the Housing Authority with the original certificate of property rights, the original certificate of other rights, the original identity certificate of the party concerned, the original certificate of cancellation of mortgage registration issued by the mortgagee, the mortgage registration application form and other materials.

Second, handle the surrender business. When the borrower pays off all the loans early, the original personal housing mortgage insurance contract also ends early. According to relevant regulations, borrowers can apply to the insurance company for monthly refund of premiums paid by presenting the original policy and the prepaid loan certificate. If the loan is paid off early, the return of insurance premiums should take into account whether the originally purchased house is an existing house or an off-plan house, and the actual term of the insurance premium for an off-plan house. The insurance period for an off-plan house of more than half a year is generally calculated by subtracting one year from the loan period. The original one-time payment Factors such as the discount interest rate and quick calculation coefficient of the premium are calculated as follows: The insurance premium returned when the loan is paid off early is equal to the present value of the paid insurance premium when it is returned early minus the present value of the insurance premium occupied before the early return when it is returned early.

Third, tax refund application. When purchasing a commercial house, all residents who can receive tax refunds should be included in the purchase contract as real estate rights holders. After signing the contract and paying the house price, immediately apply for the deduction of the personal income tax paid by the home buyer and obtain their personal income tax. Tax universal payment form. After repaying the loan in advance, you can obtain a real estate certificate and declare it to the tax authorities within six months after applying for the real estate ownership certificate.

Can the house be sold if the mortgage loan has not been repaid?

The house cannot be sold if the mortgage loan has not been repaid. An unpaid house is a mortgage and cannot be transferred. Therefore, if a customer wants to sell his or her property, the mortgage on the property must be paid off in full and then transferred. After you pay the money, you need to contact the bank immediately. If you are able, you can issue a proof of settlement and take out all the information.