Frequently Asked Questions

Mortgage Registry Tax > Tax Information

• What is Mortgage Registry Tax?
• Do I need to pay Mortgage Registry Tax?
• Who pays the Mortgage Registry Tax?

• What is Mortgage Registry Tax?Back to top

  It is a tax based on the amount of debt being secured by real property in Minnesota. The tax is collected and paid to a Minnesota county as part of the loan closing process.

• Do I need to pay Mortgage Registry Tax?Back to top

  Yes, if you are securing a loan with real property located in Minnesota. The tax is collected and paid to a Minnesota county as part of the loan closing process.

• Who pays the Mortgage Registry Tax?Back to top

  The mortgagor (borrower) pays this tax when a mortgage is recorded in a Minnesota county. The tax is collected and paid to the county as part of the loan closing process.​