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Monfort

New member
Iowa, what is a Termination Statement T-21 mean? And what form do i need to request my Satisfaction of Mortgage letter from the bank?
 


Zigner

Senior Member, Non-Attorney
Ask your favorite search engine: Iowa, what is a Termination Statement T-21

As for the satisfaction from your lender...ask them.
 

quincy

Senior Member
Iowa, what is a Termination Statement T-21 mean? And what form do i need to request my Satisfaction of Mortgage letter from the bank?
The mortgage lender foreclosed on the property?

Here is a link to Iowa’s Finance Authority Code section 16.92, Real estate transfer - mortgage release certificate:

https://www.legis.iowa.gov/docs/code/16.92.pdf

Has the house been sold at a sheriff’s auction? Was the balance owing on the mortgage loan fully satisfied with the sale?
 

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