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Will i incure mortgage penalties if i sell my house before

 
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Will i incure mortgage penalties if i sell my house before? Thankyou. Irvine
0     In Mortgage Cont.20

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    Q. Do mortgage penalties apply if i sell my house?


    Most mortgage contracts I know has no penalty when you sell the house provided you will port it to the next property - meaning you are carrying the current mortgage to the new house. Ask you mortgage professional how this is done.

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    Can you help us by answering one of these related questions?
    1. How much penalties would i incur if i sold my house with a mortgage?
    2. Are there penalties for paying your house off before the mortgage ends?
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    4. Are there penalties for porting a mortgage when buying another house cibc?
    5. If i sold my house and paid off the outstanding mortgage do i have to pay penalties?
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