How to remove the mortgage record from the green title?
2 Answers
After paying off the last installment, wait for one more month. The finance company will then provide you with the settlement certificate, proof of completed repayment, and the necessary documents for mortgage release. Then bring these documents to the vehicle management office. Upon arrival at the vehicle management office, inform the staff that you are there to release the car mortgage. They will ask you to fill out a form and submit the documents mailed by the finance company. After completing the form, proceed to the service window. The process will take just a few minutes. The registration certificate will then be updated with a line stating the date when the mortgage was released, finalizing the procedure.
I have experience with this. After paying off the car loan, I immediately went to handle it. Bring the vehicle registration certificate (green book) and ID card, first go to the bank to get the loan settlement certificate and the release of lien authorization letter—the bank will provide you with stamped materials. Then head to the DMV, fill out a mortgage release application form, take a number, and wait for your turn. The counter staff will verify your documents and immediately cross out the mortgage section on the green book and reprint it—done in ten minutes. Don’t forget to check the DMV’s working hours in advance; they’re usually closed on weekends. Go early on weekdays to avoid peak hours, and make sure all documents are ready to complete it in one trip and avoid running back and forth.
