LLC Formulation and Due on Sale Clause

[Brian Williams]

In the Latest April News Podcast the guest host stated that banks never enforce the due on sale clause if the mortgage is transferred from an individual to an LLC. In fact he stated they rarely find out because they generally don't even look at the loan again. I have wanted to do this for some time now but my lenders keep selling the private mortgage to another company. Every year I seem to be paying a different lender. If I transferred my property to my LLC wouldn't the lender find out when the loan was sold to another company and thereby trigger the due on sale clause? Thanks for any feedback.