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Will a bank port a mortgage when in proposal

 
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Cleveland


Will a bank port a mortgage when in proposal?
0     In Mortgage Cont.19

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    Q. Can i port my mortgage if i am under consumer proposal?


    I called my bank to find out about porting while under a CP, they told me no way. They said they view the CP the same as a bankruptcy, and if i want to port, i would have to pay out my mortgage, pay the fee of 14 thousand for early release and go to a different lender

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    Can you help us by answering one of these related questions?
    1. Can i move and transfer my mortgage if i have a consumer proposal?
    2. I filed for consumer proposal in toronto and looking for mortgage?
    3. If i do a consumer proposal what happens when it comes time to renew my mortgage?
    4. How can a person get a mortgage refinance when in credit proposal in canada?
    5. How does a paid off consumer proposal afftect a mortgage renewal?
    6. Why wont my bank port my morgage?
    7. Does first national financial bank port?
    8. Does is cost to port a mortgatge from scotia bank?
    9. How long does it take for a bank to approve a port and decrease?
    10. If i port my mortage to i have to give the bank any money when i sell my house?

    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: Will a bank port a mortgage when in proposal?
    • 79% - Can you port your current mortgage while in a consumer proposal?
    • 77% - Can i sell my house and port my mortgage if i am in a consumer proposal ontario?
    • 66% - Can you port decrease with a consumer proposal?
    • 63% - Does the bank ask if you ever filed a consumer proposal if you are trying to get a mortgage?
    • 61% - Does rbc bank asked for a down payment when it s time to renew mortgage in a credit proposal?
    • 56% - Can i port my mortgage over 6 months with td bank?
    • 56% - What other options do i have if my bank won t port my mortgage?
    • 56% - Does natiional bank port mortgage?
    • 55% - If i port my mortgage from one home to another should i be penalized from the bank?
    • 55% - What info does the bank need to port a mortgage to another property?
     

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