Mortgage Paid [ CERTIFIED ✔ ]

: Your lender will file a "Satisfaction of Mortgage" or "Release of Lien" with your local county recorder’s office. Verify this after a few months to ensure you have a "clear title".

: Manually stop any automatic withdrawals with your bank or mortgage servicer once the final payment is confirmed. mortgage paid

: Lenders must typically refund any remaining escrow balance to you within 20 to 30 days of your final payment. Financial Impacts What Happens When You Pay Off Your Mortgage? - Bankrate : Your lender will file a "Satisfaction of

: You should receive a canceled promissory note and a loan payoff letter. Keep these in a safe place as proof that the debt is satisfied. : Lenders must typically refund any remaining escrow

: Contact your insurance company to remove the "mortgagee clause" (the lender's name) from your policy so any future claims are paid directly to you.