How long to keep mortgage documents after sale?

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When it comes to mortgage documents, many homeowners wonder how long they should keep them after selling their property. It’s important to strike a balance between holding onto important records and decluttering your personal files. In this article, we will explore the recommended duration for keeping mortgage documents after a sale, as well as the reasons behind it.

How Long to Keep Mortgage Documents

Retention Period: The general recommendation is to keep mortgage documents for at least seven years after the sale. This timeframe aligns with the Internal Revenue Service (IRS) guidelines for retaining tax-related records. By keeping your mortgage documents for this duration, you can ensure compliance with tax laws and provide necessary documentation if required.

Tax Purposes: Mortgage interest and property taxes are deductible expenses that can impact your tax returns. The IRS may audit your tax returns up to three years after filing, and in certain cases, this period can be extended to six years. By retaining your mortgage documents for at least seven years, you have the necessary records to support your deductions and defend your tax returns if audited.

Insurance Claims: Another reason to keep mortgage documents is to facilitate insurance claims. Homeowners insurance policies often require proof of ownership and property details to process claims. By having access to your mortgage documents, you can provide the necessary information to your insurance company in case of any unfortunate events, such as property damage or loss.

Resale Considerations: Even after selling your property, it can be beneficial to keep mortgage documents for future resale purposes. When you sell a property, the new owners may request information about previous improvements, repairs, or warranties. Having access to your mortgage documents can help provide a comprehensive history of the property, which may increase its market value and facilitate a smoother transaction.

Organizing Mortgage Documents

Physical Copies: If you have physical copies of your mortgage documents, it’s important to store them in a safe and secure location. Consider using a fireproof and waterproof box or a locked filing cabinet. Additionally, you may want to make digital copies of these documents to ensure they are easily accessible and protected from physical damage or loss.

Digital Copies: Creating digital copies of your mortgage documents is a convenient way to organize and store them. Scan the physical documents or save electronic copies directly to your computer or a cloud storage service. Ensure that the digital copies are encrypted and backed up regularly to prevent data loss. Remember to keep your digital files secure by using strong passwords or encryption software.


In conclusion, it is recommended to keep mortgage documents for at least seven years after selling your property. This timeframe aligns with IRS guidelines and ensures compliance with tax laws. Retaining these documents can also facilitate insurance claims and provide valuable information for future resale purposes. Whether you choose to keep physical copies or digitize your mortgage documents, it is essential to store them securely and protect them from damage or loss.


– IRS:
– Insurance Information Institute:
– Consumer Financial Protection Bureau: