For homeowners on mortgage, a bank calling your loan is probably the worst nightmare. For those who rent out the flat on mortgage insurance, or cryptocurrency aficionados, the call may come sooner than others. However, there is a solution.Theoretically banks have every right to call loans anytime, practically arbitrarily, as stated in the loan facility letter. In reality, loan recall is extremely rare so long as one repays on time and fulfils the terms of agreement. Even during an eye-watering…
Source : South China Morning Post
Read more…What to do when a bank calls your mortgage loan? Don’t panic. The problem can be easily fixed















