What procedures do I need to go through after the mortgage is paid off?

1. After the house loan is paid off, you need to go through the formalities at the bank where the loan is located and get the other property right certificate. The bank will affix the official seal on the other property right certificate, indicating the cancellation opinions, such as: the loan has been applied and agreeing to cancel the mortgage. 2. Then, the property owner himself carries the real estate license, other warrants and the original ID card to the mortgage department of the local property housing security and real estate administration for mortgage cancellation registration. 3. If there is more than one name on the property right certificate, at least one property owner must be present, and the original ID cards of other property owners can also be handled. If there is a minor's name, the guardian must bring the guardian's identity certificate to the scene for handling.

legal ground

"Measures for the Administration of Individual Housing Loans" Article 20 A mortgage contract shall take effect from the date when the collateral is registered, and shall be terminated when the borrower pays off all the loan principal and interest. After the termination of the mortgage contract, the parties shall terminate the mortgage right according to the contract. Where real estate is mortgaged, when the mortgage right is lifted, the mortgage cancellation registration formalities shall be handled at the original registration department. "Measures for the Administration of Individual Housing Loans" Article 30 After the mortgagor or pledgor repays all the principal and interest of the loan according to the contract, the mortgage or pledge belongs to the mortgagor or pledgor, and the loan contract is terminated. Article 675 of the Civil Code of People's Republic of China (PRC) * * * The borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time.

legal ground

Article 675 The borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 510 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time.

"Measures for the Administration of Individual Housing Loans" Article 20 A mortgage contract shall take effect from the date when the collateral is registered, and shall be terminated when the borrower pays off all the loan principal and interest. After the termination of the mortgage contract, the parties shall terminate the mortgage right according to the contract. Where real estate is mortgaged, when the mortgage right is lifted, the mortgage cancellation registration formalities shall be handled at the original registration department.

"Measures for the Administration of Individual Housing Loans" Article 30 After the mortgagor or pledgor repays all the principal and interest of the loan according to the contract, the mortgage or pledge belongs to the mortgagor or pledgor, and the loan contract is terminated.