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Examples of second mortgage in a Sentence
Recent Examples on the Web
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
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
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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 23 Nov. 2024.
Legal Definition
second mortgage
see mortgage
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