What goes in it
- who holds the mortgage today (the lender releasing it)
- the borrower named on the original mortgage
- the date of the satisfaction
- the date the original mortgage was signed
- where it was filed (book and page, or instrument number)
- the original loan amount
- the payoff date and the lender's loan number
- where an assignment was filed, if the mortgage was sold on
When the mortgage was assigned, the release names the original lender and the lender signing today, so it matches the instrument the county holds.
Who signs
The lender signs, or an officer allowed to sign for it, in front of a notary. A company holder names the officer who signs for it.
Chicago property? Our closing desk prepares the satisfaction for you, start to finish.
How it works
- Create it online. Answer plain-English questions and the satisfaction of mortgage is drafted for you.
- Sign in front of a notary. Everyone named as a signer signs in ink; the signing guide in your package marks every place to sign.
- Send it for recording. Every recordable document carries its own way straight into recording. Scan it to one PDF (300 dpi, up to 50 MB) and upload it.
- We review and file it. Our office checks the scan by hand within one business day of payment, files it with the county and emails you the recorded copy.
Recording instructions: who signs, how to scan and our one-day review ↗
Frequently asked
What information is needed?
The lender releasing the mortgage, the borrower, the date of the satisfaction, the date of the original mortgage, where it was filed, the original amount, the payoff date, the loan number, and the assignment if the mortgage was sold on.
Who signs?
The lender signs, or an officer allowed to sign for it, in front of a notary.
Does it need a legal description?
No. A satisfaction points to the mortgage being released by book and page or instrument number, so no survey wording is needed.
What about a Chicago property?
Our closing desk prepares the satisfaction for Chicago properties for you. Enter the address and we take it from there, prepared and ready to sign.