To obtain a property deed with a mortgage, follow these steps: (1) complete a real estate purchase or refinance transaction, where the deed is transferred from the seller or lender to the borrower. (2) At closing, the deed is signed by the seller or lender and delivered to the borrower, often alongside a mortgage note and deed of trust. (3) The lender records the mortgage lien with the county recorder’s office, securing the property as collateral. (4) Once the mortgage is paid in full, the borrower can request the deed from the lender or county, which is then released from the lien.

This process ensures legal ownership and lender protection. The deed establishes the borrower’s title, while the mortgage creates a lien, recorded separately to guarantee repayment. In 2022, 68% of U.S. home purchases involved mortgage financing, with average loan terms of 30 years (Federal Housing Finance Agency). Lenders retain the deed until the loan is satisfied to mitigate default risks; 4.5% of mortgage loans ended in default in 2021 (U.S. Census Bureau). Recording the mortgage with the county (required in all states) legally binds the borrower to the terms, protecting both parties. Delays in deed delivery can occur if the lender fails to release the lien promptly, though state laws like California’s recording-act timelines (6 months) aim to prevent this. Proper documentation and adherence to local regulations ensure smooth ownership transfer.