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Updated about 10 years ago,

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Account Closed's profile image
Account Closed
  • from CA
  • Member since Jun 18, 2011
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from CA
  • Member since Jun 18, 2011
Connect
Account Closed
  • CA
182
Votes |
762
Posts
Private Lending & Conventional Mortgage Advice

Why do some 1st mortgages prohibit a 2nd mortgage?

Account Closed
  • CA
Posted

I've noticed this in several 1st position notes but never fully understood why.  I have some ideas but am curious what others think.

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