Posted by JoeS on March 06, 2002 at 20:38:54:
Key words are “at the lender’s option and sole discretion”. Will they call the loan? Maybe, but probably not as long as the payment are made ON TIME! The bank wants their money back each month, they are not in the real estate selling business. And if your loan has a higher than current interest rate, why will they want to call it in? Make the payments and you should have no trouble. Check out Mr. Bronchicks site at www.legalwiz.com for more info.