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Anonymous
Anonymous asked in Local BusinessesCanadaNiagara Falls · 2 years ago

how easy is to transfer your mortgage to a new property?

Update:

Porting your mortgage

8 Answers

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  • Anonymous
    2 years ago

    Do not go to these sites. They will steal your credit card information.

  • Anonymous
    2 years ago

    Do not go to these sites. They will steal your credit card information.

  • 2 years ago

    A transfer of mortgage is the reassignment of an existing mortgage from the current holder to another person or entity.

  • ?
    Lv 7
    2 years ago

    Simple, you can't. You have to pay off the mortgage on the old property and get a new mortgage on the new property.

  • 2 years ago

    You don't...they don't transfer...separate transactions. Or, you could try...

    https://www.lisamanwaring.com/as-simple-as-porting...

    but I still wouldn't recommend it.

  • 2 years ago

    You have to pay off the first mortgage. Then apply for a mortgage on a new property.

  • 2 years ago

    Mortgages are not transferable from one property to another.

  • LILL
    Lv 7
    2 years ago

    It is not easy....it's impossible.

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