Anybody ever had a bank exercise the "Due on Sale" clause?

[Jacob Glawson]

Anyone run into this when transferring title from your personal name to your LLC? I know it is possible but wondering if banks actually exercise this option as I see a number of BP members mention transferring the title after funding is closed.

[Aaron K.]

It hasn't been common lately because there is minimal advantage to the banks to do it, however if interest rates were to rise significantly they may have enough incentive to do it.