Can you lose your home if you default on your second mortgage?

Yes.

You can lose your home if you fail to pay the taxes, fail to keep the property up, do not maintain fire insurance and other conditions. All of the details will be spelled out in the loan agreements signed when the any loan secured by real estate was set up. Check your loan documents for the full list.

First answer by JohnCorey. Last edit by JohnCorey. Contributor trust: 44 [recommend contributor]. Question popularity: 1 [recommend question]