Your deed to your property and your mortgage are two entirely separate entities. Your deed is the legal title showing that you own the property. Though a mortgage places an encumbrance on the deed (i.e. you cannot sell or transfer the property without paying off the mortgage), there is no re-issuing of a deed each time there is a new mortgage. If you look at your deed, there should not be a mention of your lender. But, the lender would have recorded a document placing a lien on the property. When you pay off your mortgage, that lien is cancelled.