‚Äč

What Happens When I Pay off My Mortgage?

Answer

A discharge is send to the county registry of deeds by the lender a copy may also be send to you for recording. Mortgage holder will send the paid in full promissory note and the mortgage deed that was discharged.
Explore this Topic
If you stop paying your mortgage without any communication to the lending party, then you face the risk of foreclosure. Your lender may also institute court proceedings ...
Mortgage repayment depends on the mortgage type, interest rate and the period of repayment one has been given. The BBC has an online mortgage calculator that gives ...
Naturally, stuff moves to an heir or surviving joint occupant after the debtor's death. Although the accountability to repay the loan does not repeatedly transfer ...
About -  Privacy -  Your Cookie Choices  -  Careers -  About P.G. Wodehouse -  Help -  Feedback  -  Sitemap  © 2014 IAC Search & Media