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Definitions

second mortgage



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.

With the loans consolidated, the payments are “doable,” he said, though he describes them as a second mortgage.

From MarketWatch • Mar. 27, 2026

They used crowdfunding and took out a second mortgage on their home to scrape together $100,000 to pay for the procedure, setting $55,000 aside in what they thought was a safe escrow account.

From The Wall Street Journal • Oct. 22, 2025

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 time the lawsuit settled, Enstad had already moved forward with top surgery, which his family funded by getting a second mortgage and dipping into his college funds.

From Seattle Times • Dec. 17, 2023

A big source of its growth had been the second mortgage.

From "The Big Short" by Michael Lewis