How Long Should You Keep Mortgage Papers?

Staying organized with your mortgage papers is important.
Staying organized with your mortgage papers is important. (Image: student with papers image by Petro Feketa from

Closing Documents

Closing documents on a home will consist of the mortgage paperwork, deed and title information. This information should be kept in a secure location for as long as you own your property.

Selling or Refinancing

When selling or refinancing a home, the original mortgage paperwork can be destroyed or disposed of once the transaction is complete. Once a homeowner has completed a sale or refinance, all of the information in the original mortgage paperwork is nullified, and it's no longer legally enforceable.

Bottom Line

According Liz Weston with the MSN Money Website, keeping mortgage documentation should be done for the life of the loan. The life of the loan is the amount of a time a home is owned prior to selling or refinancing, or until a mortgage is paid in full.

Related Searches


Promoted By Zergnet


You May Also Like

Related Searches

Check It Out

4 Credit Myths That Are Absolutely False

Is DIY in your DNA? Become part of our maker community.
Submit Your Work!