Improve efficiency and mitigate risk with a centralized mortgage discharge solution.
Reduce risk and simplify the process
In today’s lending environment, focusing on core, profitable activities is key. Discharging mortgages can often be complex and time-consuming. Not only is this process inefficient and error-prone, but it takes a considerable amount of time, effort and focus for a non-core administrative activity.
ClearCharge™ allows you to standardize and simplify this process while maintaining compliance with legislation across multiple jurisdictions. This solution helps you establish a consistent quality assurance process to ensure accuracy and ultimately reduce risk.
A solution that meets your needs
Teranet manages interactions with the land registry office and notifies the solicitor on your behalf throughout the discharge process so you don’t have to worry and can focus on core activities instead.
Obtain title searches for any jurisdiction quickly and have results conveniently uploaded to the appropriate discharge file.
Standardize and simplify the complex and error-prone mortgage discharge process while maintaining compliance with legislation across multiple jurisdictions.
The ClearCharge™ Advantage
Focus on Core Revenue Activities
Focus on the business of lending while our team processes mortgage discharges.
Easily Retrieve Documents
Get immediate and long-term access to electronic documents associated with your discharge files, eliminating delays and the need for third-party document requisition expenses.
Improve File Management
The easy-to-use dashboard views and flexible search criteria allow you to see the status of any discharge file at a glance.