Lien satisfaction letter sample

What is a Satisfaction of Mortgage?

A Satisfaction of Mortgage is a document that is used to confirm that a mortgage has been successfully repaid.

In most cases, if your home loan was through a bank or large financial institution, they will handle this paperwork for you. If the mortgage or loan was handled through a private arrangement, you can easily make the Satisfaction of Mortgage document yourself.

Paying off property or receiving payment in full is satisfying for the buyer and the seller. However, a completed Satisfaction of Mortgage is required to release the lien and obtain the title.

When to use a Satisfaction of Mortgage:

• You just paid off your mortgage to a private lender.
• You sold a property through a private loan agreement that is now paid in full.

Sample Satisfaction of Mortgage

The terms in your document will update based on the information you provide

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