An unsatisfied mortgage occurs when there are unresolved issues related to the repayment of a mortgage loan. Clearing an unsatisfied mortgage is essential for freeing up property titles, improving credit scores and moving forward with future financial plans. If you find yourself dealing with an unsatisfied mortgage, how can you clear it?

An unsatisfied mortgage means that the mortgage lender’s claim against your property has not been officially removed, even though the loan may have been repaid or settled. This issue can prevent you from selling your property, refinancing or achieving a clear title.

To clear an unsatisfied mortgage, take the following steps:

• Review your mortgage statements and records to confirm that the mortgage has been paid off. This includes ensuring that there are no remaining balances or outstanding obligations.
• Reach out to your mortgage lender or servicer to request a payoff statement and to verify that the mortgage is fully satisfied.
• Ask your lender to provide a formal Release of Mortgage or Satisfaction of Mortgage document. This document legally acknowledges that the mortgage has been paid off and that the lender’s claim on the property has been removed. Review the document to ensure it is correctly filled out, signed and dated by the lender.
• Take the Release of Mortgage to your local county recorder or clerk’s office. Be prepared to pay a filing fee for the release which varies by jurisdiction.
• After filing, follow up with the county recorder’s office to confirm that the Release of Mortgage has been processed and that your property’s title is clear.
• Request a copy of the updated property record to verify that the mortgage has been officially removed from your title.

To prevent unsatisfied mortgage issues you should keep detailed records of all mortgage payments, payoff statements and correspondence with your lender. If any discrepancies arise, follow up with your lender as soon as possible.