How to Use second mortgage in a Sentence

second mortgage

noun
Definition of second mortgagenext
  • Our red test Raider was decked out to the gunwales but didn't cost a second mortgage.
    — Rich Ceppos, Car and Driver, 1 July 2023
  • Want to bequeath sparkle but don’t love the thought of taking out a second mortgage?
    — WSJ, 15 Nov. 2022
  • The composer has to take a second mortgage on his house.
    — Washington Post, 20 Dec. 2019
  • That’s like a credit card on steroids, a second mortgage.
    — Annie Lowrey, The Atlantic, 26 Dec. 2017
  • Cue the Schitts, who swoop in and purchase the motel by taking out a second mortgage on their home.
    — Nick Romano, EW.com, 22 Jan. 2020
  • The second mortgage is forgiven for most buyers if the owner stays in the home for at least three years.
    — Tony Bizjak, sacbee, 26 Oct. 2017
  • Irish fans had taken out credit-union loans or second mortgages just to get here.
    — Mike Jensen, Philly.com, 13 June 2018
  • Cost As important as this piece of kit is, there’s no reason to take out a second mortgage to afford one.
    — Jim Cobb, Field & Stream, 21 Sep. 2023
  • When Yellow-Green closed, Hadley drained his savings account and took out a second mortgage on his house.
    — Phillip Valys, sun-sentinel.com, 4 Nov. 2020
  • The loan, which can be used for a down payment and closing costs, is structured as a second mortgage, which means it isn’t repaid month by month.
    — Karen Garcia, Los Angeles Times, 8 Apr. 2023
  • The loans, which can be used for down payments and closing costs, are structured as a second mortgage, which means they aren’t repaid month by month.
    — Jon Healey, Los Angeles Times, 5 Sep. 2023
  • Taking out a second mortgage on the house, for example, can help pay for college.
    — Kate Aronoff, The New Republic, 12 Oct. 2022
  • The rules state any bike used in competition must be made available to the public, but the price tags could require a second mortgage on your house.
    — Dave Skretta, ajc, 3 Aug. 2021
  • The board backed up its promise with a second mortgage on the charity's historic building.
    — Author: Shawn Boburg, Robert O'Harrow Jr., Alaska Dispatch News, 11 Oct. 2017
  • That wasn't doable then for Upslope, a business whose startup funds came from the second mortgage of Cutter's house.
    — Alicia Wallace, CNN, 27 Nov. 2021
  • The same thinking held sway with millions of other Americans who had both first and second mortgages.
    — Ryan Dezember, WSJ, 25 Dec. 2018
  • In fact, for far too many families, the cost of childcare is equivalent to a second mortgage or rent payment.
    — Natalie Gontcharova, refinery29.com, 30 Apr. 2021
  • Is the interest rate on your second mortgage higher than your income tax rate?
    — Orlando Sentinel, 22 Sep. 2022
  • The firm noticed that panicked investors were dumping bonds packed with second mortgages.
    — Ryan Dezember, WSJ, 25 Dec. 2018
  • The Coleman 316 Series coolers are simple workhorses that get the job done and don’t require a second mortgage to purchase.
    — Travis Smola, Field & Stream, 3 May 2023
  • Home equity loans and lines of credit are second mortgages.
    — Daniel De Visé, USA TODAY, 20 June 2024
  • Glover has had to take out a second mortgage on his home, and took out a personal loan to make payroll at The Lodge and keep it operating, Pearson said.
    — Brad Schrade, ajc, 24 Nov. 2019
  • The woman paid the man several times, and even opened a second mortgage to continue providing the man with money.
    — cleveland, 21 Jan. 2022
  • The Wildes have taken out a second mortgage to repay their credit cards, according to their lawyer Mr. Silver.
    — Dave Michaels, WSJ, 26 Dec. 2018
  • The partial claim second mortgage could be ignored until the house was sold, the mortgage was refinanced or the first mortgage was paid off, at which point the partial claim would have to be paid in full.
    — Jon Healey, Los Angeles Times, 12 Feb. 2024
  • The partial claim second mortgage could be ignored until the house was sold, the mortgage was refinanced or the first mortgage was paid off, at which point the partial claim would have to be paid in full.
    — Jon Healey, Los Angeles Times, 27 Mar. 2024
  • The downside includes having to secure a second mortgage to obtain LPs that barely made it to the thrift-store dollar bins a decade earlier.
    — Jim Allen, Popular Mechanics, 23 Nov. 2020
  • Some who have sacrificed their life savings or accrued a second mortgage may not be able to afford trying again.
    — Glamour, 22 Apr. 2021
  • The most common are second mortgage loans from state and local governments, and have low or zero interest rates.
    — Washington Post, 27 Sep. 2021
  • However, a second mortgage is the most typical way a vacation home is purchased and a fairly good indicator.
    — Phillip Molnar, San Diego Union-Tribune, 15 May 2024

Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'second mortgage.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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