If you want to sell your home before your secured loan is fully paid off:
- You’ll need to pay off your secured loan in full using either your own funds or proceeds from the sale.
- The fixture lien must be satisfied and terminated, as most buyers and mortgage lenders will require it at or before closing.
Important:
If the loan isn’t fully paid at the time of sale, the lien will remain in place, which may prevent or delay the sale from closing.
Looking to sell or refinance your home with an active secured loan? Learn more here.