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Old 12th October 2008 | 10:45
  #48 (permalink)  
Miraz
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Joined: Nov 2006
Posts: 165
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From: Sydney
it is not likely provided there is still considerable equity in the property
The one to watch is from the lender not being able to refinance their loan book, and needing to cull loans that they can no longer provide - if this happens, and it's still a fair way off from happening, then you will just get a letter in the mail requiring you to pay off the balance of the mortgage immediately regardless of the amount of equity in the property or your payment record.
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