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.
Youth clubs were in their infancy and didn’t require a second mortgage to join. Mark Zeigler, San Diego Union-Tribune, 9 June 2026 Finance of America is available in all 50 states, while GoodLife is only available in 38 states and offers a second mortgage product, while GoodLife does not. Kelsey Neubauer, CNBC, 21 May 2026 This second mortgage is forgiven in increments of 20% per year over a five-year term. Jp Shaffer, Miami Herald, 20 May 2026 Crystal Basin’s Camino property was deeded back to the holder of the second mortgage as part of the proceedings. Sean Timberlake, Sacbee.com, 15 May 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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Cite this Entry

“Second mortgage.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/second%20mortgage. Accessed 6 Jul. 2026.

Legal Definition

second mortgage

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