Why would you port your mortgage??
Tuesday May 26th, 2026
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Porting your mortgage means transferring your existing mortgage rate and terms to your new home. You keep the same interest rate, remaining term, and amortization period — the only thing that changes is the property securing the loan. Many homeowners choose to port their mortgage to avoid costly prepayment penalties, keep a lower interest rate than what is currently available, or both. Moving doesn’t have to mean losing your great rate. Mortgage porting may let you bring your... [read more]
