Mortgage Release Certificate Program
The mortgage release program provides a simple and inexpensive way to obtain a release of a mortgage that has been paid in full, but not released of record or incorrectly released. It can also provide a remedy for “missing” assignments.
Just submit the completed Request for Certificate of Release form to Title Guaranty along with other supporting documentation for each mortgage to be released. Required documentation includes a copy of the payoff statement and proof of payoff – cancelled check, wired funds receipt or other proof of receipt of payment. Once we receive the application, we will notify the lender or servicer of record by certified mail that we intend to release the mortgage. There is a 30 day period for the lender to respond. If we receive no response, we will record our Certificate of Mortgage Release in the appropriate county. If no information is available we will be required to post notice in the county where the mortgage was recorded. That process involves three weeks of publication (once per week) with a wait of 30 days following the last publication for the lender to respond. If there is no response, we will record our Certificate of Mortgage Release.
Also submit a check in the amount of $100 payable to Title Guaranty. This fee covers the cost of processing and researching the request, mailing any required notice as well as recording the Certificate of Release with the County Recorder.
Once we’ve filed our Certificate, the mortgage is effectively released of record.