Wrap Around Mortgage Still Viable

[Sean Price]

Hi All,

We are considering purchasing a home with a wrap around mortgage.  I am trying to determine if this is still a viable option in the current real estate market.  I know about the dangers of the due on sale clause but it seems to me that a lender who has a mortgage from any time in the past is likely to have a higher interest rate and therefore would be less likely to call the loan due in the current environment with the low interest rates.  Is that the experience that everyone is having in today's market?