Portable Mortgage

If the terms of your mortgage allow you to move the mortgage to a new property it is said to be portable. For example, if you have an existing mortgage at a favourable rate of interest, you may want to move this mortgage to a different property if you sell your home and buy a new one. Only portable mortgages offer this option.
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Marc Marchese, AMP, Mortgage Agent #M08003408
Mortgage Architects, Brokerage #10287
6505 Mississauga Road, Mississauga ON L5N 1A6
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