Everything You Need To Know About Loans
|  Loan Dictionary  |    |  

  Call Option Definition
Call Option If your mortgage has a call option, it means that your lender may demand full payment of the mortgage after the end of a specified period. There does not have to be a specific reason for the lender to call the loan due in full, and you will either need to pay the loan off or refinance the mortgage.
   
   
   


    Next Steps: Read Money Saving Loan Advice and Find Lenders with the LOWEST Loan Rates.
 
Mortgage Loans Home Refinancing Home Equity Loans Vehicle Loans Auto Refinancing



Home Loans & Car Loans Search

Home Refinancing | Home Mortgages | Home Equity Loans & Line of Credit | Auto & Motorcycle Loans | Auto Refinance Loans
Home - Loans | About EchoBay Loans | Loan Advice | SitemapCredit Report Help CenterDefinition Dictionary


Copyright© 2008, EchoBay Loans Company
Mortgage Refinancing Home Loans Home Equity Loans Auto & Motorcycle Loans Auto Refinancing Credit Reports