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

They used crowdfunding and took out a second mortgage on their home to scrape together $100,000 to pay for the procedure, setting $55,000 aside in what they thought was a safe escrow account.

From The Wall Street Journal • Oct. 22, 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

Rather, homeowners need to obtain a second mortgage or a home equity line of credit.

From Seattle Times • Jul. 14, 2023

“By the way, Michael. Why did you take out a second mortgage with NatWest Bank for five thousand pounds in January?”

From "Black Swan Green" by David Mitchell