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So-called "portable" mortgages let borrowers do just that. This new product, offered by E*Trade Mortgage, allows soon-to-be homeowners to transfer the loan -- while hanging on to the earlier rate -- from one home to the next.
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www.realestatejournal.com/buysell/mortgages/20030709-ki...
www.realestatejournal.com/buysell/mortgages/20030709-kim.html
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E-Trade has introduced a portable mortgage. You can transfer the fixed-rate loan from one home to the next. ... The key phrase is "long-term cost of housing over the next two properties." For the portable mortgage to make financial sense, you have to think long-term and you have to transfer the loan to another house after...
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www.bankrate.com/brm/news/mortgages/20030626a1.asp
www.bankrate.com/brm/news/mortgages/20030626a1.asp
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A portable mortgage allows a home buyer to buy his or her next home without having to pay closing costs, and without an increase in the interest rate. ... A portable mortgage allows you to move your mortgage from your first home when you buy another home. Rather than repay your existing mortgage when you sell, and then take...
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www.buyyourhomeguide.com/portable_mortgage.html
www.buyyourhomeguide.com/portable_mortgage.html
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A detailed guide to Portable Mortgages, and mortgage portability explained, and how we may be able to assist with a Portable Mortgage. ... The workings of a portable mortgage are probably best illustrated in an example. Let's assume a borrower has taken a five year fixed rate mortgage of 5%, which incorporates Early...
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www.shiredirect.com/mortgage-glossary/portable-mortgage...
www.shiredirect.com/mortgage-glossary/portable-mortgages.html
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If you decide to buy a new home – or refinance your current home – you can transfer your existing fixed interest rate, loan balance and maturity date to your new mortgage*. ... Home > Mortgages > Financing Options > Portable Mortgage...
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www4.bmo.com/personal/0,4344,35649_36778,00.html
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Portable Insurance allows transfer of your original mortgage to a new property, preserving a low interest rate and saving the cost of setting up a new mortgage. ... We are pleased to have introduced the concept of portable mortgage default insurance to Canadians. Most lenders have a portability feature, which allows you...
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www.genworth.ca/content/genworth/ca/en/products/feature...
www.genworth.ca/content/genworth/ca/en/products/features/portability_feature.html
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This would be important if a capped, cash back, discounted or fixed product has been used by a borrower and early redemption fees would be incurred if the mortgage was not portable.
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www.amortgage4u.co.uk/mortgages/jargonbuster/portablemo...
www.amortgage4u.co.uk/mortgages/jargonbuster/portablemortgage.htm
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With this in mind I present a combination Applet and Java WebStart MiniApp called Mortgage Calculator. ... It's a simple mortgage calculator (I did a re-fi recently) that works as both an Applet embedded in the webpage and as an Application.
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weblogs.java.net/blog/joshy/archive/2005/04/the_portabl...
weblogs.java.net/blog/joshy/archive/2005/04/the_portable_mi.html
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Get the best mortgage quotes and seek mortgage advice from mortgage lenders and community experts. Avail free consultation on the best home loan for you. ... Welcome to MortgageFit Community. Our members provide personalized guidance on the best mortgage program for you and also help you get out of home mortgage problems.
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www.mortgagefit.com/
www.mortgagefit.com/
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