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Showing results for second mortgage. Search instead for secured mortgage.
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:

Archer had taken out a second mortgage, as well as borrowing large sums from elsewhere, to raise money for the investment.

From BBC ● Oct. 5, 2026

It might well be a smarter move to take out a second mortgage and tap the home equity.

From The Wall Street Journal ● May 29, 2026

The most common type of down-payment assistance, according to Down Payment Resource, is a second mortgage, or piggyback loan, which has grown in popularity as affordability has challenged home buyers.

From MarketWatch ● Jan. 31, 2026

Last year, Zeldin and his wife obtained a second mortgage, for $712,500, on a property in Washington, D.C., a short walk from the EPA’s headquarters.

From Salon ● Sep. 6, 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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