What can I do if my mortgage company won't let suborinate my second motgage?

Most 2nd lien lenders will subordinate, however there are a few that won't.. You can go up the chain and ask for another supervisor, and get a "clear" explanation as to why they won't allow the subordination.. It's definitely in their best interest, since by subordinating it just puts them in a much better position.. But no one can force their hand.. there might be some sort of negotiation you might be able to get them to agree to, say paying down the balance several thousand if they agree to subordinate, but I would definitely ask for the supervisor and see if there is a way to make it happen... I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Can you pay them off with a new 1st mortgage. Your equity position will determine the best reason why they will not subordinate.

Who is the Bank? Threaten foreclosure as there is no reason for them to deny it. It only puts them into a better spot as your payments go down and you are less likely to go into foreclosure. In a case of foreclosure they usually don't end up with anything. If you would like to give me a call to discuss further my phone is 888-320-7888 - www.MortgageWholesale.net - Ken Burrows

If your more second lien holder refuses to subordinate then the only option would be paying that debt in full prior to taking a new 1st mortgage.