Do I need a down payment when porting mortgage thats lower canada

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Maynard

Do i need a down payment when porting mortgage thats lower canada?

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	Q. Is a down payment required when porting your mortgage to new home?
	If i have 150000$ mortgage and sell my house for 150 000$ can i use the funds from the sale and port my mortgage to a new 300 000$ house while keeping a 150 000$? This answer closely relates to: Porting down a mortgage canada When porting a mortgage it transfer to a new house with the money you make the sale of your old house can you pay off the porting mortgage to the new? Where does the money from the sale of my home go when i port my mortgage to my new house? Downpayment with porting mortgage Do i still need to make a downpayment on a house if i port my mortgage? If i buy a house of lesser value do i have to pay a downpayment to port a mortgage? Porting a mortgage in canada down payment What happens to mortgage if sell house before porting mortage? When i sell my house where does the money go if im porting my mortgage? Comment Reply Report 0 0

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Do I need a down payment when porting mortgage thats lower canada

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Q. Is a down payment required when porting your mortgage to new home?

Q. Who is the best person to talk to about porting a mortgage in canada?