# Multiple loan priorities

**URL:** <https://community.propertyradar.com/t/multiple-loan-priorities/1527>\
**Category:** Foreclosure Investing\
**Created:** [December 15, 2011, 2:07am UTC](https://community.propertyradar.com/t/multiple-loan-priorities/1527 "2011-12-15T02:07:46Z")\
**Posts on this page:** 3\
**Page:** 1

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**Author:** ![Bob1](https://avatars.discourse-cdn.com/v4/letter/b/c37758/32.png) [@Bob1](https://community.propertyradar.com/u/Bob1)\
**Post date:** [December 15, 2011, 2:07am UTC](https://community.propertyradar.com/t/multiple-loan-priorities/1527/1 "2011-12-15T02:07:46Z")

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If a property has 2 loans both created on the same day written by the same bank and 1 is foreclosed, what happens to the other? Does the document number provide a sequence that is used to determine whether a loan is a junior or senior?

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**Author:** ![Richard](https://avatars.discourse-cdn.com/v4/letter/r/f0a364/32.png) [@Richard](https://community.propertyradar.com/u/Richard)\
**Post date:** [December 15, 2011, 4:42am UTC](https://community.propertyradar.com/t/multiple-loan-priorities/1527/2 "2011-12-15T04:42:00Z")

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First in time is first in line. Typical 1st and 2nd simultaneous recording, same date, same exat time, lower doc number has priority. Of course this does not mean that it is a 1st. Could be an older deed of trust. The county recorder will “stop” the clock for the title companies so that all of the documents have the same date and time. This can suggest that the transaction was an insured transaction

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**Author:** ![Michelle](https://avatars.discourse-cdn.com/v4/letter/m/6de8d8/32.png) [@Michelle](https://community.propertyradar.com/u/Michelle)\
**Post date:** [December 19, 2011, 6:15pm UTC](https://community.propertyradar.com/t/multiple-loan-priorities/1527/3 "2011-12-19T18:15:29Z")

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Hi Bob,  
I would pull a copy of both Deeds of Trust. It may just be a correction deed.