1. How to cancel a house mortgage

1. The process for canceling a real estate mortgage is:

(1) After the loan is paid off, go to the loan The bank collects the "Real Estate Mortgage Cancellation Application Form" and the "House Ownership Certificate" stamped by the bank;

(2) The mortgagor brings his/her identity document, "Real Estate Mortgage Contract", and "House Ownership Certificate" , "House Other Title Certificate" and mortgage cancellation application form, etc., go to the mortgage registration acceptance window of the Housing Authority to handle the mortgage cancellation procedures;

(3) After review, if the materials are correct, the cancellation procedures will be handled at the counter on the spot.

2. Legal basis: Article 51 of the "City Real Estate Management Law of the People's Republic of China"

The land use rights for establishing real estate mortgage rights are in the form of allocation If the real estate is acquired, after the real estate is auctioned in accordance with the law, an amount equivalent to the land use right transfer fee payable must be paid from the auction proceeds before the mortgagee can receive priority in payment.

2. What conditions need to be met for real estate mortgage

Required conditions for real estate mortgage:

1. A natural person with full capacity for civil conduct, on the loan maturity date The actual age is generally not more than 65 years old;

2. Have legal and valid proof of identity and marital status;

3. Have good information records and willingness to repay;

4. Have a legitimate occupation and a stable source of income, and have the ability to repay the principal and interest of the loan on time;

5. The borrower has a legal and valid house purchase contract or agreement;

6. There is an effective guarantee recognized by the lender.