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Definitions

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

The second mortgage killed them and Lydia left her post as a pianist with the L.A.

From Los Angeles Times • Dec. 12, 2024

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

From "The Big Short" by Michael Lewis