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.
Is a home equity loan a second mortgage? Kelsey Neubauer, CNBC, 18 Aug. 2025 Habitat figures out how much home the buyer can afford and takes a second mortgage for the amount above that. Doug Ross, Chicago Tribune, 8 Aug. 2025 The story featured a Florida couple who took out a second mortgage on their home in 2023 to pay him $80,000 in legal fees for a lawsuit against the landlord of their go-kart racing track. Jay Weaver, Miami Herald, 6 Aug. 2025 Weight loss shouldn’t require an injection or a second mortgage. Tor Constantino, Forbes.com, 7 July 2025 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 10 Sep. 2025.

Legal Definition

second mortgage

see mortgage

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!