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Examples of second mortgage in a Sentence
Recent Examples on the Web
The house itself was valued at $1.1 million and the Department of Housing Preservation covered the rest of the purchase price in the form of a second mortgage.
—Celia Fernandez, CNBC, 29 Dec. 2024
What’s the difference between refinancing and a second mortgage?
—Kelsey Neubauer, CNBC, 23 Dec. 2024
But here, greens fees won’t cost an arm and a leg or second mortgage on a home to play.
—J'nai Gaither, Forbes, 25 Nov. 2024
Set up through a second mortgage on Stillitano’s home, the company filed for bankruptcy in 2005, owing more than $2m, largely to the U.S. Soccer Federation, which took large sanctioning fees for every match fielded in the country.
—Adam Crafton, The Athletic, 31 July 2024
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Word History
First Known Use
1912, in the meaning defined above
Dictionary Entries Near second mortgage
Cite this Entry
“Second mortgage.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/second%20mortgage. Accessed 9 Jan. 2025.
Legal Definition
second mortgage
see mortgage
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