Can I transfer my mortgage to another property?

Yes, it is possible to transfer your mortgage to another property. However, the process of transferring a mortgage is subject to certain conditions and requirements. Firstly, you will need to contact EMC Mortgage and notify them about your intention to transfer the mortgage. They will assess your eligibility and determine if you meet the necessary criteria. Typically, the new property must meet certain loan-to-value ratios and meet appraisal requirements. Additionally, you may need to reapply for the mortgage and undergo a new approval process, including credit checks and income verification. It is important to consult with a loan officer at EMC Mortgage to understand the specific guidelines and procedures involved in transferring your mortgage to another property.