06/14/2026
Is my mortgage portable? That’s the common question asked.
In most cases that answer is yes. However, yes is not the real answer and simply taking the yes answer is where many people become surprised in the future.
While it is true that most mortgages are portable - it’s HOW they are portable that is the real answer.
Different banks, different terms and conditions.
You could have a portable mortgage and then not be able to port it for many reasons.
I have even seen a bank deny porting a mortgage because of the type of siding the house had that the borrower wanted to buy.
Thinking of moving? Get ahead of how your mortgage ports so that you know exactly what you are getting into before you put the for sale sign on the lawn.
First time buyer? We break down porting in our initial consultation. So you are prepared for if and when you move from your first home.
Contact me today. Link in bio.
//The Mortgage Centre - Cobourg
1B-609 William Street
John Greenlee
Accredited Mortgage Professional
Mortgage Agent, Level 2
Lic M10000667
☎️905-377-1684
📱905-999-4787
👩💻 https://linktr.ee/jgmortgage
Durhammortgage. com Ltd.
FSRA 10231
Each Office is Independently Owned and Operated//