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Synonyms

second mortgage

American  

noun

  1. a mortgage the lien of which is next in priority to a first mortgage.


second mortgage British  

noun

  1. a mortgage incurred after a first mortgage and having second claim against the security

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of second mortgage

First recorded in 1900–05

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

Another said their flat was "unmortgageable and therefore unsaleable" because of the high ground rent, which meant they had to delay starting a family as they could not afford a second mortgage.

From BBC May 26, 2026

Aaron Levinson wanted to go to a World Cup game this summer, but he didn’t want to take out a second mortgage to pay for that.

From Los Angeles Times Apr. 14, 2026

Plus, there was the $42,000 she still owed from a second mortgage on her home.

From The Wall Street Journal Dec. 27, 2025

And I had to have a second mortgage on my house to guarantee the show to go into that building.

From MarketWatch Oct. 10, 2025

“By the way, Michael. Why did you take out a second mortgage with NatWest Bank for five thousand pounds in January?”

From "Black Swan Green" by David Mitchell

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