# Can a Mortgage or Heloc be :"Called" **URL:** \ **Category:** Home and Real Estate\ **Created:** [January 14, 2023, 2:45pm UTC](https://community.clark.com/t/can-a-mortgage-or-heloc-be-called/2050 "2023-01-14T14:45:06Z")\ **Posts on this page:** 2\ **Page:** 1
**Author:** ![Perpatriddle](https://avatars.discourse-cdn.com/v4/letter/p/c68b51/32.png) [@Perpatriddle](https://community.clark.com/u/Perpatriddle)\ **Post date:** [January 14, 2023, 2:45pm UTC](https://community.clark.com/t/can-a-mortgage-or-heloc-be-called/2050/1 "2023-01-14T14:45:06Z")
Can a mortgage of Heloc be called ? Was thinking of taking the summer off and every year I have to give a financial statement to my lender for my rental property, income, assets, liabilities etc. If I take the summer off I wont have employment income. ---
**Author:** ![PricePerformer](https://sea2.discourse-cdn.com/flex016/user_avatar/community.clark.com/priceperformer/32/159_2.png) [@PricePerformer](https://community.clark.com/u/PricePerformer)\ **Post date:** [January 14, 2023, 4:06pm UTC](https://community.clark.com/t/can-a-mortgage-or-heloc-be-called/2050/3 "2023-01-14T16:06:12Z")
> [@Perpatriddle](#): > > Can a mortgage of Heloc be called ? > > Was thinking of taking the summer off and every year I have to give a financial statement to my lender for my rental property, income, assets, liabilities etc. > > If I take the summer off I wont have employment income. Sounds like you do not have individual mortgages on each property. Also sounds like you may have a non traditional mortgage that covers multiple properties… kind of a line of credit secured by multiple holdings. When I had Rental property, I attended some seminars that talked of this… but never explored it. Does it allow you to add properties without the typical 20% down? Read you Documentation? I doubt you can get much solid advice on this unusual setup from posting on a board.