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Home / Columnists / Kass / What to know when paying off the mortgage (access required)

What to know when paying off the mortgage (access required)

I will be soon paying off, in its entirety, the mortgage on my home. For your information, I have been current on my payments throughout the 10-year term. The mortgage company is a credit union, and I intend to continue residing in my home. Upon full and complete payment of all that is due on my part, is the mortgage company obliged to record a release of the mortgage (deed of trust) in the land registry of the county or execute a promissory note release? What can/should I expect from the mortgage company in proof of the full and complete payoff?

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