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.

To stay above the water, many people are applying for additional credit cards and taking out loans and second mortgages. — Eric Khant, Sun Sentinel, 8 Sep. 2026 When Kiyosaki was starting his wallet business in the 1970s, Ralph took out a second mortgage to loan him $100,000. — Christopher Cox, Vanity Fair, 26 Aug. 2026 My roughly $50,000 student loan balance came with an $800 monthly payment that felt like a second mortgage. — Alora Bopray, USA Today, 12 Aug. 2026 She was forced to take out a second line of credit — a home-equity loan, or second mortgage — which cost another $700 per month. — Santul Nerkar, New York Times, 20 July 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

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second mile

second mortgage

second mourning

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Cite this Entry

Style

“Second mortgage.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/second%20mortgage. Accessed 19 Sep. 2026.

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Legal Definition

second mortgage

second mortgage

noun

Examples of second mortgage in a Sentence

Word History

Browse Nearby Words

Cite this Entry

Legal Definition

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