How To Port A Mortgage In Canada Successfully : The Saturday Weekend Review #230

SHOULD YOU BREAK YOUR MORTGAGE OR PORT IT WHEN SELLING AND BUYING A NEW HOME?   Whether you can port a mortgage depends on a few factors but ultimately it all has to do with numbers. Porting a mortgage may not be in your best interest especially if you’re not happy with your current lender and want to search out a new one. The good news is that if you can save money and you’re eligible to port your mortgage you’re doing alright. Renewing a mortgage is far different from porting a mortgage which I’ll get into a later but in the mean time wrap your head around this question- How much do I know about my current mortgage? If you haven’t read the fine print now is a smart time to break out the paperwork.  Why am I talking about how to port a mortgage today? Honestly, I had no idea about how to port a mortgage in Canada but I do know that it’s a common practice in the UK where I was born. What I’ve learned while living in Canada as a permanent resident is that I can’t compare apples to apples from what I know in […]

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Mr. CBB

Mr. CBB was born and raised in the United Kingdom who then moved to Canada where he is a permanent resident. He recently became a father to a very busy toddler who allows him to be a kid at heart. He bought his first house at the age of 21 after University and his second at the age of 24. Both Mr.CBB and his wife are Debt and Mortgage Free and they did it all in under 5 years using a Budget. Canadian Budget Binder is a place where he shares their financial experiences with his readers and hopes to learn about theirs. Welcome to CBB!

The post How To Port A Mortgage In Canada Successfully : The Saturday Weekend Review #230 appeared first on Canadian Budget Binder.

from Canadian Budget Binder http://canadianbudgetbinder.com/2017/08/05/port-a-mortgage-canada/

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About mojafarma

Know how to a get business line of credit and promote online. Then come and read our blog. It’s a great resource for business related topics.
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