Why You Can’t Take Your Mortgage With You (But Other Countries Can)

Could portable mortgages be the answer to our locked-up housing market? In this episode of The Brutally Honest Loan Officers Podcast, Derick and Stephen dive into the idea of portable mortgages — loans you can take with you when you move — and why they’re used in other countries but not in the U.S. They break down: What portable mortgages actually are (and how they work) The potential benefits: mobility, affordability, inventory relief The big challenges: secondary market resistance, investor rules, and lender risk What would really need to change for this to happen in the U.S. If you’ve ever asked, “Why can’t I keep my 3% mortgage when I move?” — this episode explains it all. It’s a smart, eye-opening look at how our mortgage system actually works… and what it would take to evolve it.