Termination statement

Over 2200 Glossary Terms

Termination statement

A termination statement documents a borrower's fulfillment of an asset-based debt facility. Once the loan has been paid off, the lender no longer has ownership rights to the assets that were used as collateral for the loan.

Get Mortgage Rates

SecureRights Policy

National Rates

Loan Type Today
30 yr fixed 4.83
15 yr fixed 4.39
5/1 ARM 3.69

Compare Rates »

Rates may contain points

Browse Mortgage Rates