You are not the junior lienholder, @Chris Potter, because there is no junior lien anymore.

If the use of a junior lien violates a mortgage covenant (due on sale) the loan is immediately callable at the option of the lender.  

Quote from @Zev Cohen: Hello,My name is Zev Cohen, and I’m currently going into my junior year at the University of Colorado Boulder, where I’m studying real estate and finance.

If subordinate liens cannot be foreclosed upon in California, lenders will stop making junior liens and extending second-position lines of credit.

Also, there's another thread on here about a bill that was just passed in California that is likely to impact helocs and other junior liens.

Instead, a junior-level investor relations member attended—someone who clearly lacked a deep understanding of the fund and was unable to address even basic questions.

Because once the HOA tries to claim from the surplus, they’re essentially saying: “We’re a junior lienholder and subordinate to the mortgage.”That’s risky for them, they could be behind others in the queue and get nothing.Instead, HOAs usually prefer to go after you, the new owner, because the lien survives the foreclosure and attaches to the property.

Quote from @Jack Pergola: Hey everyone — I’m a 20-year-old junior in college (Economics major at Binghamton University), and I’ve been obsessively learning about real estate investing.

It may not be realistic to purchase a house hack for your junior year but it could For your senior year if you're quick. 

I work as a junior agent on a two-person team, with a lot of direct mentorship from my team lead that is invaluable for residential investment projects.