Colli Real Estate

Can a mortgage lender for a second TD deficiency judgments in California if you used to buy the house?

I have a client who has used 100% financing to buy a house. The conditions were 80% for mortgages and 20% first touchdown for the second TD mortgage. Now, customers are running and loss of trust house for sale in a few weeks. Because TD is a second line of equity loan "may" be eligible for a stop gap. However, because it was used as the purchase price when the house was bought, would it be considered a non-recourse loan that funds were used to buy the house? (California)

It is direct action to CA, but the former is not.

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