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 This second mortgage is forgiven in increments of 20% per year over a five-year term. — Jp Shaffer, Miami Herald, 20 May 2026 The loan of the second mortgage can go up to $100,000 with a 1% interest rate. — Jennifer Castenson, Forbes.com, 15 Feb. 2026 Murphy even took out a second mortgage on his house, maxed out his credit cards, and cut his own salary to keep ReliaQuest alive. — Emma Burleigh, Fortune, 11 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

Browse Nearby Words

second mile
second mortgage
second mourning
See all Nearby Words

Cite this Entry

“Second mortgage.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/second%20mortgage. Accessed 7 Jul. 2026.

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Legal Definition

second mortgage

see also:
mortgage
Last Updated: - Updated example sentences
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