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Can I transfer my mortgage to another lender?

Author: Keith Uthe Demystifying Mortgages |

Yes, it is possible to transfer your mortgage to another lender. This is known as mortgage refinancing or mortgage portability. By transferring your mortgage, you may be able to take advantage of better interest rates, terms, or features offered by another lender. However, there may be costs associated with transferring, such as discharge fees or legal fees, so it's essential to consider these factors before making a decision.