second mortgage

noun

: a mortgage the lien of which is subordinate to that of a first mortgage

Examples of second mortgage in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Finance of America offers a wider-than-normal range of loans, including HECMs, proprietary jumbo reverse mortgages, and a reverse second mortgage. Kelsey Neubauer, CNBC, 21 Feb. 2026 On top of that, child care has become a second mortgage as has caring for your elders. Eleanor Dearman, Fort Worth Star-Telegram, 14 Feb. 2026 The loans would act as second mortgages paid for by the buyers of the home. Stephen Hobbs, Sacbee.com, 4 Feb. 2026 These second mortgages are either repayable or forgivable after 42 months of on-time payments on the owner’s primary mortgage. Miami Herald, 15 Jan. 2026 See All Example Sentences for second mortgage

Word History

First Known Use

1912, in the meaning defined above

Time Traveler
The first known use of second mortgage was in 1912

Browse Nearby Words

Cite this Entry

“Second mortgage.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/second%20mortgage. Accessed 24 Feb. 2026.

Legal Definition

second mortgage

see also:
Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

More from Merriam-Webster