How to check whether the mortgage loan has been paid off? Internet hot spots and practical guides
Recently, mortgage-related policies and personal credit issues have become the focus of heated discussions across the Internet. Whether it is the central bank's lowering of LPR interest rates or the continued fermentation of the "early loan repayment wave", many home buyers have begun to pay attention to the method of checking the status of mortgage settlement. This article will combine hot topics in the past 10 days to sort out the entire process of mortgage settlement inquiries for you in detail.
1. Hot topics related to mortgage loans across the Internet (last 10 days)
| Ranking | hot topics | heat index | Related policies |
|---|---|---|---|
| 1 | LPR interest rate lowered to record low | 9.8 | Central Bank Announcement in February 2024 |
| 2 | Calculation standards for prepayment penalty | 8.7 | Commercial bank loan contract terms |
| 3 | Real estate certificate mortgage status inquiry | 7.5 | "Interim Regulations on Real Estate Registration" |
| 4 | Credit Report Update Timeline | 7.2 | Provisions on Credit Information Management of the People's Bank of China |
2. Five ways to inquire about mortgage settlement
Method 1: Check at the bank counter
Bring your ID card and original loan contract to the lending bank outlet and fill out the "Mortgage Settlement Inquiry Application Form". Generally, a written certificate will be obtained within 1-3 working days.
| Materials required | Processing time limit | Things to note |
|---|---|---|
| Original ID card | 1-3 working days | Need to do it in person |
| loan contract | Some banks require an appointment in advance |
Method 2: Mobile banking inquiry
Log in to the loan bank's mobile APP and check the repayment status through "My Loan" - "Mortgage Details". The "Settled" mark will be displayed on the settled loan.
Method 3: Credit report inquiry
Apply for a personal credit report through the official website of the Credit Reference Center of the People's Bank of China or the commercial bank APP, and check the mortgage status in "Credit Transaction Information Details".
| Query channels | update cycle | Key fields |
|---|---|---|
| Credit Reference Center official website | T+1 month | "Account Status" column |
| Commercial Bank APP | T+1 month | "Repayment Status" column |
Method 4: Query at the Real Estate Registration Center
Bring your ID card to the local real estate registration center to check the mortgage registration status. If "Cancelled" is displayed, it means that the mortgage has been paid off.
Method 5: Telephone Banking Inquiry
Call the loan bank's customer service hotline, and after passing identity verification, follow the voice prompts to select the "Loan Information Inquiry" function.
3. Important procedures after settlement
1. Receive the original "Loan Settlement Certificate"
2. Handle mortgage cancellation registration (bank cooperation required)
3. Get back the original real estate certificate
4. Keep settlement vouchers for at least 5 years
4. Answers to hot questions
Q: How long does it take to update your credit report after repaying a loan early?
A: It usually takes 30-45 days, and each bank’s credit reporting system cycle is different.
Q: Are the online query results legally binding?
A: The information displayed in mobile banking can be used as a reference, but formalities such as real estate transactions still require written certification.
As the topic of "interest rate adjustment for existing mortgage loans" continues to heat up recently, it is recommended that lenders check the status of their mortgage loans regularly to keep abreast of the latest policy changes. If abnormal records are found, the lending bank should be contacted immediately for verification and handling.
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