Can our current home mortgage transfer to another home(read)?

  • Thread starter Thread starter GoodGone
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GoodGone

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So my dad is fed up with our small house. He owes $260K and we recently went to see a house in another nicer city for $250K, 3 times bigger then out current one. Is it possible to have my dad's current mortgage transferred to another house? So we can do a "swap" if you call it and still owe the same amount we do on our current one? I'm asking in curiosity because I don't like the current house we're in either, we grew out of it already :(

Any help would be greatly appreciated.
 
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