Moving? Take Your Mortgage With You!
As a homeowner, your needs change over time. Perhaps your family is growing, or you’re moving for work. Maybe you’re looking for something new… just because. Whatever your reasons for buying your next home, we’re here for you every step of the way.
Already have an RMG mortgage? No problem. You can bring it with you to your new home. Moving your mortgage, known as “porting,” involves taking your current mortgage (and its balance, rate and term) to your new home.
If you need additional financing for a larger mortgage, RMG offers “increased ports.” In this case, you take your existing balance to the new property and RMG will lend you the additional amount required. If you’re scaling back, our “decreased ports” mean you only take the portion of your existing balance that you need to your new property.
Along with our network of mortgage brokers, we will guide you through the process of buying a home and getting a mortgage so you can feel comfortable and confident through every stage.
Already have an RMG mortgage? No problem. You can bring it with you to your new home. Moving your mortgage, known as “porting,” involves taking your current mortgage (and its balance, rate and term) to your new home.
If you need additional financing for a larger mortgage, RMG offers “increased ports.” In this case, you take your existing balance to the new property and RMG will lend you the additional amount required. If you’re scaling back, our “decreased ports” mean you only take the portion of your existing balance that you need to your new property.
Along with our network of mortgage brokers, we will guide you through the process of buying a home and getting a mortgage so you can feel comfortable and confident through every stage.
4 steps to getting a mortgage
Get to know your mortgage options
1
Now is a great time to evaluate whether your current mortgage is still right for you. Take a look at our mortgage options
Calculate your costs
2
Whether your next mortgage is bigger or smaller, use our mortgage calculator figure out your regular payments.
Think about mortgage insurance
3
Learn how mortgage insurance can protect your home, your family and your finances.
Contact a mortgage broker
4
A mortgage broker can help you with finding and/or porting your mortgage, and will guide you through the process.
Why use a mortgage broker?
Payment Assistance
Because homeowners sometimes fall on hard times, we have
options to help.
The strength behind RMG Mortgages
A professional mortgage broker can help you find and compare mortgage rates and guide you to the choice that’s best for you.