This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Utah Complaint to Compel Mortgagee to Execute and Record Satisfaction and Discharge of Mortgage
State:
Multi-State
Control #:
US-02785BG
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Complaint To Compel Mortgagee To Execute And Record Satisfaction And Discharge Of Mortgage?
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FAQ
Discharging a mortgage typically takes up to 10-15 business days to complete, however it does vary ing to the lender. On the other hand, a partial discharge could take longer as the lender may wish to carry out property valuations.
How long does it take to discharge a mortgage? Generally it takes between 14-21 business days to complete the discharge process. At one stage it took less time, around 10-14 business days, but these days more people are refinancing their home loan so there are more discharges taking place.
While the process and timeframe for releasing mortgage funds and what happens on the completion date can vary, it's typical for the funds to take around 3 to 7 days to be released, especially if all paperwork necessary is ready and filed.
To conclude, mortgage discharges do not take long. Your bank should have the information available, including certificates and titles within 1-3 weeks. The titles and deeds for your property or land will be mailed to you.
The form should only take a few minutes. As soon as the mortgage lender receives the form, as well as the mortgage discharge fee for administration costs and paperwork, you should receive your title within 21 to 28 days.