What is the process of mortgage cancellation?
1. First of all, you should call the loan bank to inquire about the prepayment, including whether it is necessary to pay liquidated damages and how much.
2. Go to the loan bank to apply for prepayment.
3. Pay off the loan.
4. After repayment, go through the loan settlement formalities at the loan bank and issue a loan repayment certificate.
5. Go to the bank to get the released materials.
6. Go to the real estate registration center to learn about the mortgage.
7. Archive and complete the release.
What materials do I need to apply for mortgage cancellation?
1. Application for cancellation of registration with official seal.
2. Cancel the mortgage registration agreement.
3. Power of attorney from the bank.
4. Original property certificate.
5. Original certificate of other rights.
6. The original and photocopy of the trustee's ID card.
What are the precautions for housing release?
1. The house can only be sold or rented with the consent of the mortgagee, namely the bank. No transaction is allowed without the consent of the bank. If you don't have enough funds to repay the loan balance, you can find a reliable guarantee company to borrow money to advance the loan balance.
2. Pay attention to signing a contract when looking for a loan from a guarantee company. Therefore, the agreement between the two parties is only valid if it is written in black and white, so as to protect the legitimate rights and interests of both parties. At the same time, read the contract carefully and check your information carefully.
Abstract: The above is Bian Xiao's introduction about the process of housing numbering and what materials are needed to understand the mortgage, hoping to help some friends in need.