Tag Archives: portable mortgage

If you are looking to port your mortgage, you may be wondering if you will need to provide a down payment. The answer to this question depends on several factors, including the terms of your current mortgage and the terms of the new mortgage you are looking to obtain. In many cases, you will not need to provide a down payment when porting your mortgage. However, it is important to speak to a mortgage specialist to determine what will be required in your specific case. Recommended: Does a bonus count […]

Mortgages can be ported from one lender to another, depending on the terms and conditions of the mortgage. A mortgage port can be a quick and easy way to switch lenders, and can often be done online. Recommended: How Long Of A Mortgage Did Lillie Take Out? How long does it take to do a reverse mortgage? — What is porting a mortgage? When you port your mortgage, you’re essentially transferring your existing mortgage loan to your new home. Porting allows you to take advantage of lower interest rates, or […]