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Release of Lien

A lien is a legal claim against property as security for payment of an obligation. A release from liability is typically provided by the lender of the original loan.
Customers may receive requests for a release of lien to verify:
  • Release from liability for repayment of a loan, common in transactions involving an assumable mortgage
  • If the customer uses a trade of one of a current property for down payment on a loan. (When a lien is present on the property being traded, an assumption of mortgage can release the applicant from liability to repay the note.)
  • That an old second mortgage has been paid in full (if the security instrument of that loan is still in full force against the subject property)
To avoid delays in processing your loan, please:
  • Make sure the copies you send are legible.
  • Do not include documents that have been altered with correction fluid or by other means.
  • Submit the entire requested document and include all pages (even blank ones).