Transferring an Old Mortgage to a New Home Rarely Possible

house and cash

Podcast Episode 25:  “When Is Your Portable Mortgage Not Portable?”

This Tale explains some of the pitfalls of relying on the portability clause in your old mortgage to buy a new house. It also talks about why your credit track record doesn’t trump bank policy. Consider making your sale subject to achieving an unconditional purchase.

Download the audio file HERE.
Download the PDF file HERE.
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