Portable Mortgage Explained: Keep Your Rate When You Move скачать в хорошем качестве

Portable Mortgage Explained: Keep Your Rate When You Move

Thinking about moving but don’t want to lose your low interest rate? In this video, I break down what a portable mortgage is, how “porting” works when you sell and buy, and when a blend-and-extend could make sense. You’ll learn the pros, cons, costs, timelines, and common lender rules—so you can decide if porting your mortgage is smarter than starting a new loan. What you’ll learn What a portable mortgage is (in plain English) How to transfer your existing rate to a new property When lenders use top-up loans and blended rates The real pros & cons (payments, penalties, flexibility) Where portability is more common (UK/Canada) and why it’s rare in the U.S. Questions to ask your lender before you try to port