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Updated almost 10 years ago on . Most recent reply
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Bank calling line of credit loan.
Please help.
A little over a month ago I got a line of credit on a second home. Last week I put my 2 weeks in at my current employer and am planning to move into my second home. I was planning on taking some time off before finding a new job, 6 months or so. In this time I could fix and sell my current primary residence. I am now afraid the bank is going to call the line of credit. Can they and will they to that? The bank is a large nationally known one. My paycheck is currently deposited with the same bank each week, so i am thinking they will find out. What should I do??
Thanks in advance.