[bhb]

How do you find out if the loan you have is in fact a recourse or non recourse loan? When we had to move for work. The bank did an equity loan to pay off our first mortgage with the secured debt on that loan being the first mortgage. The equity we got out of the first mortgage was used to put the down payment on the second home. The secured debt on the second home is the second home only. Our lawyer told us that the two were not tied together, but did not say anything about it being recourse or non recourse. What do I look for on my paperwork?