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Where do the funds from a house sale go when porting a mortgage

 
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Vote:
Asked by
Jermaine


Hi, Where do the funds from a house sale go when porting a mortgage?
0     In Mortgage Cont.18

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    Can you help us by answering one of these related questions?
    1. What happens if you buy a house and don t have the funds for the closing date?
    2. How soon after my house closes are the funds avail?
    3. When selling house how soon should funds go in to my account?
    4. When will i receive funds when i close on my house?
    5. What happens to my escrow funds when i sell my house?
    6. When porting a mortgage for less than current mortgage is down payment required uk?
    7. When porting a mortgage for less than current mortgage is downpayment required?
    8. 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?
    9. Is there fees when porting a mortgage?
    10. What happens to the chmc fee when porting a mortgage?

    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: Where do the funds from a house sale go when porting a mortgage?
    • 82% - 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 ?
    • 61% - How soon funds sale house toronto?
    • 60% - How longdoes it take to release funds from the sale of a house?
    • 60% - How will the solicitor give me my house sale funds?
    • 58% - How long should it take to recieve funds for house sale after title transfer in ohio?
    • 58% - How can you pay for a house while waiting for the funds to come through from your house sale?
    • 57% - Does bank hold certified funds on receipt of house sale price on closing?
    • 48% - What happens to escrow funds after sale of home?
    • 48% - When porting a mortgage do i need 5 down on new house?
    • 47% - Do you have to put a downpayment on a house when you are porting the mortgage?
     

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