Blog tagged as Prepayment

Porting a Mortgage!

Porting a Mortgage!

By Mortgages Foundations

Today I want to discuss the subject of porting an existing mortgage and explain what a port is and go over the pros and cons of doing so.


First, it is important to mention that not all mortgages can be ported and not all lenders allow their mortgages to be ported; or, may only allow their fixed mortg...

22.08.24 02:47 PM - Comment(s)
Prepayment Penalties

Prepayment Penalties

By Mortgages Foundations

So, you're looking to understand mortgage prepayment penalties? Well, you've come to the right place! In this discussion, we'll dive deep into the topic and explain everything you need to know. First things first, let's define what a mortgage prepayment penalty actually is. When you take out a mortg...

30.05.24 01:34 PM - Comment(s)