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View Full Version : Can home equity lender foreclose on a home?


wansari
Jan 28, 2011, 04:03 PM
I am behind my 2nd and 3rd trust payments about six months and on time with 1st trust can 2nt and 3rd trust bank foreclouse my house, please answer.

AK lawyer
Jan 28, 2011, 04:11 PM
No. 3 can if he thinks he can pay off #1 & #2, sell the house, and have enough left over to pay off some or all of loan #3. But it usually doesn't happen - too risky.