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if I go into forclosure what will happen to my second morgag

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debbiemoan Joined: 27 Jul 2008 Posts: 1 1.26 Dollars($)	Posted: Sun Jul 27, 2008 2:06 pm    Post subject: if I go into forclosure what will happen to my second morgag Like 0 Dislike 0 if I go into forclosure what will happen to my second mortgage? if I stop making payment on both 1st and 2nd mortgage what could happen to me? Could 2nd mortgage come back and make me pay them some how ?
shane Joined: 03 Dec 2007 Posts: 240 Location: Orange County, CA 51.84 Dollars($)	Posted: Sun Jul 27, 2008 6:07 pm    Post subject: Like 0 Dislike 0 They might be able to file for a deficiency judgment depending on what state the property is in and whether or not it was acquisition indebtness (purchase money mortgage) or not. _________________ Shane Milne TheBestHomeLoans.com More about Shane and Client Testimonials Mortgage Banker & Broker 949-273-4161 Lending in all 50 states FHA/VA/USDA/Coventional

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