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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.

With the loans consolidated, the payments are “doable,” he said, though he describes them as a second mortgage.

From MarketWatch

Before any remaining funds can be paid to your friend, all liens — second mortgages, home-equity lines of credit and any other judgments — must be satisfied from whatever is left over.

From MarketWatch

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

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

From The Wall Street Journal

“Any home buyer who assumes such a mortgage would still need to fund the rest of the home price somehow, either in cash or with a second mortgage.”

From Barron's