Can a lender recall full loan amount because he cannot sell it?I have refinanced my loan two months ago to a lower repayment term from 15 years to 10 years and also to lower the interest rate. I never took any money out of the refinance. I have plenty of equity in the house (around 40%). I am making my monthly payments regularly and have never been late in the past. Recently, my lender approached me and called for full repayment of loan as he is unable to sell the loan. The reason he stated that I didn't informed him that I left my job a week prior to the closing. Since I don't have any employment, and no means to repay the loan, he is unable to sell the loan. He will use mortgage fraud as the reason and therefore I have 30 days to repay the loan in full.I am currently employed and have no intent not to repay the loan. I in fact took the refinance to repay the loan quickly by reducing the repayment terms from 15 to 10 years and paying higher installment than the previous loan. I signed the separation agreement with my previous employer after the closing date but the effective date for termination of the employment was a week before the closing. I also took another 30 yr loan from the same lender to buy a house for rental purposes, which was closed two weeks before my refinance and date of termination of employment. The lender is not recalling that loan because he was able to sell it to a bank and it has a higher rate of interest. Both loans are under my name with same financial information.Can this lender recall the full loan as it will be very difficult for me to pay the full amount in such a short time. Can he prove mortgage fraud when I have no intent to defraud him. Quick response will be helpful. Thanks.August 15 2013 - Philadelphia00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.