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Fact sheet for customers FOR MORTGAGE: REFINANCE or OCTOPUS LOAN Documents Required Loan offer letter signed by the customer/s and stamped by the Bank Certified true copy of deed, stamped by the Bank

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What is noc for mortgage refinance?

NOC for mortgage refinance stands for No Objection Certificate for mortgage refinance. It is a document stating that the original mortgage lender has no objection to the property owner refinancing the mortgage with a different lender.

Who is required to file noc for mortgage refinance?

The property owner who wishes to refinance their mortgage with a different lender is required to file the NOC for mortgage refinance.

How to fill out noc for mortgage refinance?

To fill out the NOC for mortgage refinance, the property owner needs to provide their personal details, details of the original mortgage, details of the new lender, and any other relevant information requested by the original mortgage lender.

What is the purpose of noc for mortgage refinance?

The purpose of NOC for mortgage refinance is to formally inform the original mortgage lender that the property owner intends to refinance the mortgage with a different lender and to obtain their consent for the same.

What information must be reported on noc for mortgage refinance?

The NOC for mortgage refinance must include the property owner's details, details of the original mortgage, details of the new lender, and any other relevant information requested by the original mortgage lender.

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