Home  
Mortgage Calculators
Mortgage Types
State Mortgages
Questions & Answers
Mortgage Advice
Mortgage Glossary A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Other

Site Search:

Powered by:

 



Second Mortgage - Definition

A loan using a home's equity as collateral and which is subordinate to the original mortgage (i.e., the first mortgage has priority before all others).