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Updated about 3 years ago on . Most recent reply

Jeff Castro's profile image
Jeff Castro's profile image
Jeff Castro
  • Rental Property Investor
  • from San Diego, CA
  • Member since Mar 21, 2019

User Stats

61
Posts
27
Votes
Jeff Castro's profile image
Jeff Castro's profile image
Jeff Castro
  • Rental Property Investor
  • from San Diego, CA
  • Member since Mar 21, 2019
Jeff Castro
  • Rental Property Investor
  • San Diego, CA
27
Votes |
61
Posts
Private Lending & Conventional Mortgage Advice

Can a bank call your heloc due?

Jeff Castro
  • Rental Property Investor
  • San Diego, CA
Posted

Can a bank call your heloc?

I’m worried if my home value decreases that they will call my heloc. Debating on taking it out and paying interest on it so that I secure the $ so I can invest it when the market drops a bit.

Has anyone heard of banks recalling heloc? Curious if that was the case back in 08..

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