Paying off mortgage steps
Hi,
I'm looking to know what are all the steps to take when you are discharging your mortgage. I want to line up my ducks before I call the mortgage company to set up my closing date. Surprisingly, Google wasn't a great help- I either search using the wrong terms or the information isn't widely available.
The only absolutely necessary step I was able to glean from what little I found :
- Ensure the land registry office is sent a copy of the discharge
And the optional steps of :
- Advise insurance company (They told me last time we spoke to do so)
- Ensure my property taxes are paid as they go through the mortgage
- Open a secure line of credit against the property to prevent mortgage fraud
Is there anything else I should be looking at? I am expecting the discharge fee, any other fees I'm forgetting?
Thanks in advance
I'm looking to know what are all the steps to take when you are discharging your mortgage. I want to line up my ducks before I call the mortgage company to set up my closing date. Surprisingly, Google wasn't a great help- I either search using the wrong terms or the information isn't widely available.
The only absolutely necessary step I was able to glean from what little I found :
- Ensure the land registry office is sent a copy of the discharge
And the optional steps of :
- Advise insurance company (They told me last time we spoke to do so)
- Ensure my property taxes are paid as they go through the mortgage
- Open a secure line of credit against the property to prevent mortgage fraud
Is there anything else I should be looking at? I am expecting the discharge fee, any other fees I'm forgetting?
Thanks in advance