Hi Leslie. A release is a document you receive when your loan is fully paid off. There's a fee for the release because it needs to be recorded in your county's land records. If a release is not recorded it will cause the loan to show up on a title report as 'unreleased' and will need to be cleared before closing by your title company.
A fee for releasing a Deed of Trust or Mortgage on a property. Please reach out to the office for further clarity.
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