Synonyms

second mortgage

American

noun

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

second mortgage British

noun

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.

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

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

Most recently, season 17 contestant Lexi Love said she took out a second mortgage to pay for her outfits for the show.

From Salon • Jun. 3, 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

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023