Mortgage Porting


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Mortgage Porting in Toronto

Not All The Lenders Allow Mortgage Porting

Sometimes homeowners decide that they want to move to a new property before their mortgage on the current home is over. This is a common occurrence among many people and it is possible to transfer a mortgage. The solution is called porting. When you port your mortgage you transfer it from one property to another. Turkin Mortgage brokers will make your transfer quick and worry free.

We Will Guide You Through It

After you have sold your current home and purchased a new one, you can begin the process of mortgage porting. Not all lenders allow mortgage porting that is why it is important to contact a reliable professional at Turkin Mortgage to assist you with the task. We have an extensive contact list of lenders that will be willing to accept mortgage porting. We will inform you of all of your possible options and guide you throughout the way.

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Things to Consider When You Do Mortgage Porting in Toronto


Before you make the decision to port it is a good idea to consider the current interest rates on the market. If your secured interest rate is low and unavailable on the market then it is advantageous for you to port your mortgage. However if your mortgage rate is higher than the current mortgage rates on the market, it is likely not a good idea to port your mortgage.


In the latter case, you would have to consider which option will be more cost effective- porting despite the rate not being in your advantage or paying a fee to break your mortgage contract before the due date. Our experts can help you figure out which option is best. In many cases, porting your mortgage can end up saving you thousands of dollars. To find out if porting is right for you, contact us and we will discuss all the features and options that best suit you.

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Henry Wright

Was looking for a mortgage broker in Toronto. Heard about Leon and his team from a co worker and decided to give them a call. after some time on the phone talking about mortgages and what would work best for me I was VERY impressed. They were polite and most importantly they knew what they were talking about. We then scheduled an appointment and I got my mortgage with a great rate. Definitely recommend.

Gina Carroll

Got tired of sow service and mediocre rates from my bank, so I started looking for a mortgage broker. Had some family friends recommended Leon and his team, so decided to check them out. Was very impressed with Leon, he guided me through step by step, recommended a mortgage and I ended up switching to him. My rate is better and he always answers call and emails right away.

Wilton Marble

A little while back my wife and I finally decided to stop renting and get a place of our own. After some searching we found a condo we both liked and that was in our price range. The next step was a mortgage, but honestly, neither of us knew too much of what we were getting into. We found Leon and his team after a quick search on google and have had a wonderful experience. Leon and his team of mortgage brokers are VERY knowledgable, polite, work fast and just all around very professional. They answered all our questions and we got a great rate.

Afton Jaskolski

Getting a private mortgage was not easy to be honest, but at least with Mr. Leon it was doable. Thank you for your help!

Wendy Langdon

Going through with this company was my best decision. These Burlington mortgage brokers are real professionals. They helped me to save thousands of dollars, I'm not sure I'd find such a good offer myself.

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