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Renew Mortgage BMO App - BMO Mortgage Change Plan - BMO Renew Borrow Money Account Loan PlanA portable mortgage option lets homeowners in a fixed rate mortgage transfer their existing loan balance, interest rate and remaining term to a new property. Porting your mortgage means taking your existing mortgage � along with its current rate and terms � from one property and transferring it to another. Porting a mortgage applies your existing mortgage (along with its current rate and terms) to a new home. This means you can sell your house and buy a new one.
