Tag Archive: porting a mortgage


When Porting a Mortgage Goes Wrong

Your mortgage is portable, right? Almost all mainstream lenders claim their mortgages are portable. But portability clauses have more caveats than a prenuptial agreement—so many that people hoping to port are routinely disappointed. Back in 2011, about 3 out of 8 home sellers used to port their mortgage. But the percentage who port has been steadily sinking since then. We’d...