What’s a Portable Mortgage — and Why Does It Matter for Buyers and Sellers?
Thinking about moving but worried about losing your great interest rate? Discover the power of a portable mortgage! This unique option allows you to transfer your existing mortgage to a new property, making it a game-changer in today’s fluctuating rate environment. For sellers, it can enhance your home’s appeal, attracting more buyers and potentially leading to higher offers. For buyers, it means keeping your current low rate and saving on costs. Whether you’re downsizing or expanding your family, a portable mortgage can help you navigate your next move without the financial stress of high rates.