FAQ · Updated August 28, 2026

Questions

Portable mortgage FAQ

Short answers first. If a rule has not been written yet, we say so.

Can I get a portable mortgage in the United States today?

No. Conventional U.S. mortgages are generally tied to one property and due on sale. Portability is common in Canada and the U.K. It is not a standard U.S. GSE product as of August 28, 2026.

Did Congress pass the MOVE Act?

No. H.R. 10028 was introduced August 3, 2026 and referred to House Financial Services. Introduction is step one. It is not law.

Would the bill make my existing 3% loan portable?

The introduced text does not rewrite existing notes. It tells Fannie and Freddie to buy future conventional loans that the lender permits to be transferred. Whether any servicer would amend an already-closed loan is a separate, unanswered question.

How is this different from an FHA or VA assumption?

An assumable loan stays with the house. A qualified buyer can take over that payment. A portable loan would stay with you when you buy the next house. Different winner, different paperwork.

What if my next house costs more than my remaining balance?

You would still need cash or a new loan for the gap. The portable piece only covers the transferred balance. That second layer prices at the market.

Would I still need to qualify?

Yes. Coverage of the bill and of how porting works abroad both assume a new underwrite on the new collateral: income, credit, appraisal, title, insurance.

Is this site originating loans?

No. It is an educational briefing site for two domain names that track this policy fight. A form submission is a request for information, not an application.

Why two domains — broker and lender?

Same briefing, two nameplates. If the United States ever stands up a real portability channel, those names are already aged and pointed at the topic. Until then they publish the same facts.