I don't have funds to seek a real estate attorney to review a contract for a second mortgage. Is there any lingo that I would not want in a mortgage lien when I go sign the papers? The loan is a 10yr frm second mortgage from M&I bank in WI. Perhaps certain phrases in fine print that may make me loose my home faster then usual? Thanks

Hello s:

At least an attorney would have the benefit of reading your contract. You're asking us to make suggestions having never read it. We ain't that good.

excon

I don't have funds to seek a real estate attorney to review a contract for a second mortgage. Is there any lingo that I would not want in a mortgage lien when I go sign the papers? The loan is a 10yr frm second mortgage from M&I bank in WI. Perhaps certain phrases in fine print that may make me loose my home faster then usual? Thanks


You could be making a devastating mistake - read through the other threads, people who have signed contracts and agreements without reading or understanding. Keep in mind that the bank is protecting the bank - not you or your interests.

That being said - it's most likely boilerplate, all have the same language.