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Old 03-05-2009, 02:14 PM
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Default Can you lose your home equity loan on one of...

...your houses if one of your houses goes foreclosure? I have 2 houses and I can't keep paying one so I'm trying to get a home equity loan for 50k on one so I can open my new business and if the other one doesn't rent out I will have no option but to foreclosure but if it goes that way can the people that gave me the home equity on the other house back out and take the loan away before I take a dime out of it?PS: the Home equity loan I will get before I even let the other house go into foreclosure if I can't rent it out.
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