Banks calling loans

[CJ M.]

So far I've only used 2 lenders for my financing. One said that my loans could not be called. The other lender said, "technically yes, but I've never seen it here in 10 years if you keep making your payments on time."

My questions are, why do banks typically call loans? Is there anything a borrow can do to prevent it with a lender already in place? Is it even anything to worry about? Should I only focus on loans where the note cannot be called?

You see where I'm going. Just trying to get some general info.

Thank you,

CJ

[Wayne Brooks]

A traditional 30 year loan can Not be called due unless you violate the terms....non payment of payments, no insurance, transfer title, etc.  Some commercial loans Could be called due to your worsening financial status but these are rare.  The loans can not be called arbitrarily.