Can a 2nd house purchase qualify as “purchase money”?

If your loan was obtained and used for the purchase of the house (or any property), then such a loan is a “purchase money” loan.  Furthermore, you still need to determine whether your house qualifies for anti-deficiency protection. As previously stated, the criteria at issue for anti-deficiency protection are (i) 2 ½ acres or less of land, and (ii) used as a one or two family dwelling.