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Satisfaction of Mortgage

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Margarett

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Post Posted: Tue Jul 15, 2008 10:34 am    Post subject: Satisfaction of a private mortgage
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If there are two mortagee's do both need to sign the satisfaction?
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Niicss




Joined: 03 Oct 2005

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Location: New Jersey
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Post Posted: Wed Jul 16, 2008 2:16 am    Post subject:
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Welcome Margarett.

If you have paid off both the mortgagee then both of them need to sign the Satisfaction of Mortgage deed but if you have paid off only one mortgagee then he will only sign it.

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Teroyl G. Millner

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Post Posted: Sat Nov 07, 2009 5:55 am    Post subject: Mellon Mortgage Satisfaction Letter
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I need a satisfaction payoff from Mellon Mortgage Acct 626199
Teroyl G. Millner

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Post Posted: Sat Nov 07, 2009 5:58 am    Post subject: Mellon Mortgage Satisfaction Letter
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I need a copy of my Mellon Mortgage payoff in order to remove this information from the file to sell my property
Robert G. tucker

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Post Posted: Thu Dec 01, 2011 12:19 pm    Post subject: My Mortgage will be paid in full Feb 2012 .
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Now what do I do ? What happens ?
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adonis




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Post Posted: Sun Dec 18, 2011 11:15 pm    Post subject:
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Welcome Robert,

Once the mortgage is paid off in full, you will become the owner of the property. You should try and obtain the mortgage release certificate from your lender and get it recorded at the county recorder's office.

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