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Examples of second mortgage in a Sentence
Recent Examples on the Web
Many of those without insurance are forced to take out personal loans or second mortgages to afford infertility treatment that can cost more than $10,000 a cycle.
—Bailey Schulz, USA TODAY, 1 Nov. 2024
In a sense, a home equity loan is a second mortgage.
—Kelsey Neubauer, CNBC, 29 Oct. 2024
The minimum down payment ratio for first and second mortgages was reduced by 15%.
—Brendan Ahern, Forbes, 24 Sep. 2024
Benefits like these remain out of reach for most U.S. workers, millions of whom drain savings, take out second mortgages, or cut back on food and other essentials to stay ahead of health care debt.
—Noam Levey, NPR, 17 Sep. 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 22 Nov. 2024.
Legal Definition
second mortgage
see mortgage
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