What is a Mortgage Transfer?

A mortgage transfer is the process of changing the name on an existing mortgage or moving a mortgage to a new property. 

What documents are required?

  1. Instructions to Advertise
  2. Affiavit of Mortgagor
  3. Affidavit of Mortgage
  4. Transport, Lease and/or Transfer of Lease (if lost then Lost Grosse Application), (if mutilated) Mutilated Grosse Application
  5. Power(s) of Attorney

Duration

6 weeks processing time

Fees

  • General Fee – ⅕ of 1% on Loan Value
  • Duty – $1.20 GY per 1000 GY

Payment Methods

We only accept Cash and Manager’s Cheque as a payment option.

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