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Advantage Financial Services Pty Ltd ACN: 130 012 930 Australian Credit License: 391202 Phone: 1300 543 558 Email: mchlsmartselect@mycustomercare.com.au Mortgage Choice Home Loans Smart Select products
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How to fill out mortgage discharge authority letter

01
Start by identifying the name of the mortgagee or lender.
02
Provide your personal details such as name, address, and contact information.
03
Clearly state the property address and details of the mortgage being discharged.
04
Include the reason for requesting the discharge of the mortgage.
05
Sign the letter and provide any supporting documentation required by the lender.

Who needs mortgage discharge authority letter?

01
Individuals who have paid off their mortgage in full and wish to have the lien removed from the property records.
02
Borrowers who are refinancing their mortgage with a new lender and need to provide proof of satisfying the existing mortgage.
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The mortgage discharge authority letter is a document issued by the lender to allow the borrower to discharge the mortgage on a property.
The borrower or their legal representative is required to file the mortgage discharge authority letter.
The mortgage discharge authority letter can be filled out by providing the necessary information such as the borrower's name, property address, loan account number, and signature.
The purpose of the mortgage discharge authority letter is to formally request the lender to discharge the mortgage on a property once the loan has been fully repaid.
The mortgage discharge authority letter must include details such as the borrower's name, property address, loan account number, and the amount to be discharged.
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