Definitions
There is 1 meaning of the phrase
Second Mortgage.
Second Mortgage - as a noun
A mortgage that is subordinate to a first mortgage
Example Sentences
"I had to take out a second mortgage to help cover the cost of renovations."
"They used a second mortgage to pay off their credit card debt."
"The couple decided to get a second mortgage to purchase a vacation home."
"He took out a second mortgage on his house to fund his business venture."
"She regrets getting a second mortgage as it has added a significant financial burden."
