Yes if you are porting your mortgage and need additional funds the bank is only obligated to give you the posted rate. However; this is not the case with every lender! Let us know if we can be of further help.
monstermortgage1 3 months ago
This was pretty helpful...I honestly had no idea what 'portability' was... so when I go back to mix rates, I'm stuck with my bank's posted rates?
100milesnrunninn 3 months ago
Yes if you are porting your mortgage and need additional funds the bank is only obligated to give you the posted rate. However; this is not the case with every lender! Let us know if we can be of further help.
monstermortgage1 3 months ago
This was pretty helpful...I honestly had no idea what 'portability' was... so when I go back to mix rates, I'm stuck with my bank's posted rates?
100milesnrunninn 3 months ago