Your Privileges as a Mortgage Holder

 

Your Privileges as a Mortgage Holder

Assumption : your mortgage can be assumed by a purchaser, if they qualify to carry the mortgage.
Portability : your mortgage can be taken with you to another home, provided that you sell your first hom...e.
Early Renewal : some lenders will allow you to renew your mortgage early.
Prepayment Privileges — Every lender offers prepayment privileges, as long as your mortgage is not in default or you have not asked for a mortgage payout statement.

http://www.century21.ca/Blog/Your_Privileges_as_a_Mortgage_Holder
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Photo: Your Privileges as a Mortgage Holder

Assumption : your mortgage can be assumed by a purchaser, if they qualify to carry the mortgage. 
Portability : your mortgage can be taken with you to another home, provided that you sell your first home.
Early Renewal : some lenders will allow you to renew your mortgage early. 
Prepayment Privileges — Every lender offers prepayment privileges, as long as your mortgage is not in default or you have not asked for a mortgage payout statement. 

http://www.century21.ca/Blog/Your_Privileges_as_a_Mortgage_Holder
Jason Masotti

Jason Masotti

Sales Representative
CENTURY 21 Miller Real Estate Ltd., Brokerage*
Contact Me

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