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Updated over 1 year ago, 05/31/2023
Is mortgage porting possible?
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