Home › Forums › Financial Markets/Economics › Time to refinance :-) › Quote:So all 1st mortgages
[quote]So all 1st mortgages are essentially non-recourse in CA whether they are purchase money or cash out refi’s. [/quote]
sdrealtor: thanks for explanation. if my refinance loan has only one mortgage (i.e. no 2nd mortgage”), does your statement still apply?
