Selling Home Before Mortgage Paid Off Guide
Yes, you can sell a home before your mortgage is fully paid off. During closing, the proceeds from the sale will first go toward paying off the remaining mortgage balance, including any prepayment penalties or fees. If your home sells for less than what you owe (a short sale), you’ll need lender approval and may still owe the difference. It’s always best to check your mortgage payoff amount before listing.
