raaman
Valued Contributor
The feeling of repaying your home loan is very satisfying. A home loan agreement can be a thirty year contract, but you have the option to pay off your home loan early and free yourself from the obligation to pay installments each month.
In the excitement of pre-closing a home loan, it is possible to forget to collect important documents. Once you have closed your home loan by paying all the same monthly installments, the bank or financial institution will return all your original asset documents.
You should get back all your original property documents and confirm the receipt you received from the bank. You will need these title deeds for future resale or mortgage legal purposes. Banks are expected to return these documents to you in good shape.
In the excitement of pre-closing a home loan, it is possible to forget to collect important documents. Once you have closed your home loan by paying all the same monthly installments, the bank or financial institution will return all your original asset documents.
You should get back all your original property documents and confirm the receipt you received from the bank. You will need these title deeds for future resale or mortgage legal purposes. Banks are expected to return these documents to you in good shape.
