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.

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

Plus, there was the $42,000 she still owed from a second mortgage on her home.

From The Wall Street Journal • Dec. 27, 2025

Most recently, season 17 contestant Lexi Love said she took out a second mortgage to pay for her outfits for the show.

From Salon • Jun. 3, 2025

Her father, a machinist originally from Appalachia, gave her $1 for every poem she memorized, put a second mortgage on the family home to pay her college costs and wept at her graduation.

From Los Angeles Times • Apr. 30, 2024

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

From "The Big Short" by Michael Lewis