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Transferring exisiting mortgage

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Icon Mini Profile y_hambleton





Joined: 20 Nov 2009

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Post Posted: Fri Nov 20, 2009 12:27 pm    Post subject: Transferring exisiting mortgage
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Can I buy another house and sell my and just transfer my exisiting mortgage if the values are the same
Icon Mini Profile jveenstra
jveenstra
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Location: River Edge, New Jersey
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Post Posted: Fri Nov 20, 2009 1:12 pm    Post subject: Transfer
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Probaly can not do the transfer.

Several years ago there were some trnsferable mortgage programs around, not too many and not around too long.

The only person who can tell you is your current lender/sevicer.

In all likelihood the answer will not be favorable.

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John Veenstra, Sr Mortgage Consultant
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Licensed NJ NY CT PA
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