what happens when your home mortgage is paid off?

I emailed my mortgage company and here is the response.


When a loan is paid off, a Lien Release is issued, accompanied by any additional required documents to be recorded and to reflect that the loan has been satisfied or paid in full. The Lien Release documents are processed and sent within the state time-frames allowed.

The lien release documents will be sent to the county recorder within 60 days of the payoff of your mortgage account.

The amount of time it takes to record the documents once they arrive at the Recorder's office can vary depending on the individual county's processes, and volume of mail the county handles.

We recommend keeping a copy of the 'Confirmation of Loan Payoff' letter that will be sent to you when your loan has been paid in full, as your personal confirmation for the payoff of your loan. If you wish to obtain a copy of the title transactions which have occurred on your property, your local County Recorder may be able to provide this information.