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.
At the end of seven years (or earlier) the home was refinanced to pay off the second mortgage. Jay Reddick, The Orlando Sentinel, 11 Jan. 2026 Helen Liu and Jonathan Guan, who are listed as being based in Los Altos, have provided the property with a second mortgage that totals $910,000. George Avalos, Mercury News, 8 Jan. 2026 To pay for the $60,000-a-year treatment, Martinez said, her family borrowed money from a relative and took out a second mortgage before ultimately filing for bankruptcy. Bram Sable-Smith, NPR, 23 Dec. 2025 The plan would require borrowers to cover the cost difference between the new home and the old one, which could mean a second mortgage. David Goldman, CNN Money, 14 Nov. 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 14 Jan. 2026.

Legal Definition

second mortgage

see mortgage

Last Updated: - Updated example sentences
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