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Updated almost 2 years ago on . Most recent reply

User Stats

447
Posts
63
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Peter Morgan
  • Rental Property Investor
  • West Des Moines, IA
63
Votes |
447
Posts

Is mortgage porting possible?

Peter Morgan
  • Rental Property Investor
  • West Des Moines, IA
Posted

Hello,

I came across an inteating article about Mortgage porting in Canada and found it very interesting. Is Mortgage porting possible here in the US? I.e Is it possible to transport my current conventional mortgage to another home with the same interest rate and terms to another property in a different city or state?

Would this be an exercise in vain trying to pursue this with my lender? Please note My closing disclosure has no mention about mortgage portability but my 30 yr mortgage has changed hands of up to half a dozen lenders already. 

Appreciate your inputs 

Thanks

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