You’d never guess it from the name, but a deed of reconveyance can be a momentous document in your financial life. This type of deed transfers the title to your property from your mortgage lender back to you after you’ve repaid the loan.
What is a deed of reconveyance?
A deed of reconveyance indicates you’ve fully paid off your mortgage on your home, representing the transfer of ownership from your mortgage lender to you.
