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 down payment loan would be a second mortgage, which a buyer would pay off over time.
From The Wall Street Journal ● Oct. 12, 2026
If passed, the measure would create a state-administered loan program that offers qualified homebuyers a second mortgage of up to 17% of a home’s sale price.
From Los Angeles Times ● Jul. 6, 2026
Another said their flat was "unmortgageable and therefore unsaleable" because of the high ground rent, which meant they had to delay starting a family as they could not afford a second mortgage.
From BBC ● May 26, 2026
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
A big source of its growth had been the second mortgage.
From "The Big Short" by Michael Lewis
Random Word
Spin the wheel and learn a new word!
Get a word