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National Bank to bring back its mortgage portability feature this week
Author:
Steve Huebl
Publication date:
December 8, 2022
Article Summary:
The article titled "National Bank to Reinstate Mortgage Portability Feature This Week" highlights the reintroduction of the mortgage portability feature by the National Bank. The article discusses how this feature allows borrowers to transfer their existing mortgage to a new property without penalties or the need for refinancing. It explains the benefits of mortgage portability, including flexibility and cost savings for homeowners. The article also emphasizes the importance of understanding the terms and conditions of mortgage portability and seeking professional advice to make informed decisions.
Keywords:
National Bank, Reinstate, Mortgage portability, Feature, Borrowers, Transfer, Existing mortgage, New property, Penalties, Refinancing, Benefits, Flexibility, Cost savings, Homeowners, Terms, Conditions, Professional advice.
Source Citation:
Steve Huebl
National Bank to bring back its mortgage portability feature this week
December 8, 2022
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