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Is a ported mortgage just rate that you port or balance left on mortgage

 
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Vote:
Asked by
Janell


Is a ported mortgage just rate that you port or balance left on mortgage?
0     In Mortgage

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    Q. How do they blend rate in ported mortgage?


    lenders that can allow you to port your mortgage include Lloyds Banking Group (part of it), Lloyds TSB and Halifax, plus Nationwide and Coventry building societies.

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    Q. Can i port my mortgage to another property and get a second mortgage on the balance?


    I too am looking for the answer to this question. If I find out I will let you know ASAP. If you could do the same that would be great!

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    Q. Can i port my mortgage to another property and get a second mortgage on the balance?


    yes, or get a heloc for the difference. Hopefully your lender offers them

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    Yes, also subscribe me to this question so I can follow the discussion




    Can you help us by answering one of these related questions?
    1. If i port my mortgage how much time im allowed to hold my mortgage for?
    2. Will mortgage company port mortgage for less and give cash?
    3. Can i port a mortgage for a lessor mortgage amount cqnada?
    4. When you port a mortgage do you need 5 on the extra amount or the full mortgage?
    5. Can i roll an old mortgage balance on a sold house into a new mortgage?
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    We need your help! Please help us improve our content by removing questions that are essentially the same and merging them into this question. Please tell us which questions below are the same as this one:

    Q: Is a ported mortgage just rate that you port or balance left on mortgage?
    • 82% - How do they blend rate in ported mortgage?
    • 77% - Let`s say my mortgage balance is $125k and i purchase a home for $245k, is it possible to port my current mortgage and have private funds cover the ba?
    • 74% - Do i port my mortgage if i have one year left on the term?
    • 64% - Why did my rate change when i port a mortgage?
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    • 64% - Can i port my abbey fixed rate mortgage?
    • 64% - What happens to balance of fixed rate mortgage at the end of term?
    • 63% - When renewing mortgage do you still use same amortization rate or the remaining years left?
    • 62% - How much does cibc chartge penalty for mortgage 2 years left fixed rate?
    • 61% - Ported mortgage going from 20% to 10% down?

    The following questions have been merged into this one. If you feel any of these questions have been included in error help us improve our content by splitting these questions into seperate discussions. Please unmerge any questions that are not the same as this one:

    Q: Is a ported mortgage just rate that you port or balance left on mortgage?
    • How do i port my mortgageo i port my mortgage?
     

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