Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago,

User Stats

5
Posts
1
Votes
Dennis Haldeman
  • Lender
  • Akron, PA
1
Votes |
5
Posts

PML - Second Mortgage

Dennis Haldeman
  • Lender
  • Akron, PA
Posted

I am a PML operating exclusively in the state of Pa.  I am considering doing my first second mortgage of a substantial $ amount.  (I have done small seconds in the past as an unsecured personal/promissory note.)  I believe I may already know the answer to this question, but just want some confirmation from this group.  Are the loan docs for a second the same as for a first.  The only difference being the order in which the paperwork is filed?  Thanks in advance for any input!

Loading replies...