Securities-based Line of Credit (non-callable)

[Kesru Tam]

There are a few posts in the past where members have obtained low rates (LIBOR + spread) on their paper assets (stocks + bonds).

This can be very attractive since the interest rates come to ~2.5%. You can then ride both the gains from the stock market AND have the upside of having substantial RE portfolio.

The one issue with this is the bank can 'call' the loan at the worst time -- during times of financial distress, stock market crashes, credit line freezes, etc. This can be disastrous since it can wipe someone out completely.

 Interactive Brokers offers a 2.2% loan, but the call happens automatically

Has anyone managed to secure a line of credit WITHOUT it being callable? At the minimum, it'll help to have a 30/60 day 'cure' period.

Which banks provide this type of credit?