What does a real estate lawyer actually do in a refinance?

Reviewing mortgage instructions

Once you’ve been approved for your refinance, your lawyer receives detailed instructions from your new lender. They review these carefully to make sure all requirements are clear and that the mortgage terms are properly reflected in the legal documents.

Paying out the old mortgage

A refinance almost always involves paying off your existing mortgage. Your lawyer requests a payout statement from your current lender and ensures that the old mortgage is fully discharged. This step protects you by making sure there are no lingering debts tied to your property.

Registering the new mortgage

Your lawyer prepares and registers the new mortgage on the property’s title. This makes your lender’s interest official and legally enforceable. At the same time, they confirm that the title remains in your name and is free from unexpected claims or liens.

Handling the funds

Lawyers manage the money during a refinance just as carefully as in a purchase or sale. They receive the funds from your new lender, pay off your old mortgage (and any other debts that may require pay out), and distribute any remaining funds to you (or as directed). This ensures every dollar is properly accounted for and securely transferred.

Protecting your peace of mind

Refinancing can feel intimidating — but your real estate lawyer is there to explain each step, answer your questions in plain English, and make sure everything is completed correctly and on time. Their role is not just about documents and signatures — it’s about helping you feel confident in one of the biggest financial decisions you’ll make.

Wrapping up

When you refinance your home, a real estate lawyer is your partner in making sure the process goes smoothly. They handle the paperwork, coordinate with lenders, manage the money, and protect your interests at every step. With the right lawyer by your side, refinancing becomes less about stress and more about opportunity. At Ownright, we make that our priority — combining trusted legal guidance with a simple, transparent process so you can focus on the benefits of your refinance, not the headaches.