Warning: include() [function.include]: URL file-access is disabled in the server configuration in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78 Warning: include(http://www.hurryloan.com/rightbar.php) [function.include]: failed to open stream: no suitable wrapper could be found in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78 Warning: include() [function.include]: Failed opening 'http://www.hurryloan.com/rightbar.php' for inclusion (include_path='.:/usr/local/share/pear') in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78   Go Back To Search Results Question Can a 2nd mortgage forclose on a house? I have a client that has two mortgages - first for 127,000 and a second for 15,000. The client wants to let the 2nd go 60 days late but is worried. I don't know about these things, so I wanted to see if any of you have any ideas or have been through this. Thanks! By kelbean Posted on 03/26/08 Total Answers 2 Answers- Have them read their loan papers. If it is secured by the home it could certainly foreclosed if payments are not made. It is possible that it could go into default if one payment is not made by the next payment due date. And the longer they put off paying that missing payment, the delinquency period just keeps growing (until brought fully up to date). Some people apparently do not realize that if you miss one payment and then make the next 2 payments on time (without paying the missing payment), they are still 90 days in default. Answer by : efflandt On Date 2008-03-26 11:05:15 Any creditor with a lien on the house can force a sheriff sale on the house if the the homeowner is in default to one of the lien holders. If it does go to a sheriff sale, the first mortgage holder would get paid off first, and then the other lien holders. Answer by : Bill C On Date 2008-03-26 12:53:10   Go Back To Search Results