[rinchman]

I have a first mortgage of $325,000 and a second for $85,000. If I stop paying the second mortgage can the bank foreclose on my home?

[Caryn M]

My understanding is yes. Is it the same mortgage company as the first mortgage? If not, they will have to talk to that mortgage company and work out a deal of some sort. The least they will do is a put a lien on your house. You won't be able to sell it until you pay it.

[appstate]

Yes what happens is the second mortgage will foreclose and force the sale of your property with the first being paid first and what is left used to pay your 2nd. Also if the first finds out that the second is being foreclosed on they can call your first mortgage due in full. Because your 2nd mortgage is behind another one they should be more open to changing your loan. Call them up and see if they will help you out.