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What is a loan discharge form?

A mortgage discharge is when a mortgage securing your home loan is removed from the title of your property once you have repaid your home loan in full. Youll need to complete a mortgage discharge or release form to release the mortgage over the property you have provided as security to your home loan.

How do I file a discharge for a mortgage?

Lets break it down. Step one: Assemble your paperwork. Step two: Let your lender know. Step three: Get a mortgage broker or conveyancer. Step four: Fill out a discharge authority form. Step five: Your lender prepares a mortgage discharge form. Step six: Finalise your discharge of mortgage.

How much is the CBA discharge fee?

Commonwealth Bank Home Loan Product Features Home Loan ProductExtra Home LoanStandard Variable Rate Home Loan Product Fees Application - $600 Settlement $200 $200 Discharge $350 $3505 more rows

What is the CBA discharge form?

A discharge authority form is used to release the security (e.g. property or cash security) youve provided for a home loan. Looking to refinance your CommBank home loan?

commonwealth bank discharge authority form pdf

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