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Updated almost 2 years ago on . Most recent reply
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Movable ARM product
Hi, there're a few lenders that can do movable ARM/Fixed. I'm intrigued by how they are able to do this in the background from a financial perspective.
Movable means, if you have a $200 mortgage left, then you move to a different property, and you can carry/move that mortgage to the new property.
This is quite intriguing as your amortization period is not restarted when you purchase a different home.