Posted by Jason on August 21, 2003 at 18:18:24:
This is definately screwed up. Now, if the loan officer or broker says nothing can be done, you will go thru a bunch of crap to get this fixed, perhaps even refinance your second with a more honest broker. Or refinance the first and ask the new borker who does the refinance to get a “subordination” from the second lender. If they give the subordination, they kicked themselves in the rear.