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Definition of Porting

Porting Image 1

Porting

This allows you to move to another property without having to lose your existing interest rate. You can keep your existing mortgage balance, term and interest rate plus save money by avoiding early discharge penalties.



Related Terms:

Nonbearing Wall

A wall supporting no load other than its own weight.


Stringer

A long, horizontal member which connects uprights in a frame or supports a floor or the like. One of the enclosed sides of a stair supporting the treads and risers.


Area Walls

Corrugated metal or concrete barrier walls installed around a basement window to hold back the earth.


Balloon Framed Wall

Framed walls (generally over 10' tall) that run the entire vertical length from the floor sill plate to the roof. This is done to eliminate the need for a gable end truss.


Bull Nose Drywall

Rounded drywall corners.


Gable End Wall

The triangular end of an exterior wall above the eaves formed under a gable roof.


aterial used to cover the interior framed areas of walls and ceilings



Porting Image 1

Knee Wall

A wall-like structure that supports roof rafters.


Load-Bearing Wall

Includes all exterior walls and any interior wall that is aligned above a support beam or girder. Normally, any wall that has a double horizontal top plate.


Trombe Wall

A passive solar wall, usually masonry or concrete, used for passing heat from one room (like a sun room or solar garden room) to another.


Wall Out

When a painter spray paints the interior of a home.


 

 

 

 

 

 

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