Proposal
I am currently in a consumer proposal but want to purchace another home at relatively the same price as my current home is valued at. Both my wife and I have good paying jobs. Do you think it is possible for me to port my current mortgage or what are my options?
Posted from: Ontario
This is something you will have to discuss with your bank or broker. It will be more difficult as your proposal is not completed and there is a blemish that will be registered with credit bureau, but that doesn’t mean it is not possible.