A lender uses this form to transfer a recorded Pennsylvania mortgage, and the loan it secures, to a new lender or investor. Transfer a recorded Pennsylvania mortgage and its secured loan to a new holder.
Serving Pennsylvania. Our mobile notaries serving Pennsylvania are commissioned in Pennsylvania and travel to your home, office, hospital, or other convenient location.
Transfer a recorded Pennsylvania mortgage and its secured loan to a new holder.
A lender uses this form to transfer a recorded Pennsylvania mortgage, and the loan it secures, to a new lender or investor.
What you'll need
Read this packet and check the receiving agency's required form.
Gather the names, dates and supporting records requested in this document.
Bring acceptable identification and any witnesses required by the packet.
How to complete it
Recording information (top of Page 1) Fill in who requested recording and where the recorder should mail the original. Leave the space above the dotted line blank for the Recorder of Deeds.
Identify the mortgage (Page 2) Enter its recording information and the property.
Sign before a notary (Page 3) Bring a current, government-issued photo ID.
Record the original with the Recorder of Deeds of the county where the property is located.
If an original promissory note is lost, the lender or holder may still enforce it or release it by proving its terms and ownership. This affidavit is commonly needed for private loans, payoffs and mortgage satisfactions.
Pennsylvania real estate loans are secured by a mortgage. Use this form for a private, family, or seller-financed loan. The borrower signs it, and it is recorded with the Recorder of Deeds.
A promissory note is a borrower’s written promise to repay a loan. Family and private loans are much easier to enforce, and to document for tax purposes, when the terms are written down and signed before a notary.
When a mortgage or private loan secured by real estate is paid off, the lender signs this satisfaction so the mortgage is removed from the public record. It is especially useful for private and family loans, where no bank will file it for you.
These forms are a free convenience, not legal advice. First Choice Mobile Notary & Apostille is not a law firm. Consult an attorney licensed in the relevant state for legal questions.