What is another word for second mortgage?
Synonyms for second mortgage
sec·ond mort·gage
This thesaurus page includes all potential synonyms, words with the same meaning and similar terms for the word second mortgage.
Princeton's WordNet
second mortgagenoun
a mortgage that is subordinate to a first mortgage
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How to use second mortgage in a sentence?
Ten percent is a premium you pay a surety company, or bail bondsman, Coffey said. To get a bond in almost all cases you have to be able to fully collateralize that $150,000, meaning that either George Zimmerman or his parents have to come up with a $150,000 second mortgage on their house or from a bank. The bonding company is not a charity. They stand to lose the money. They have more than just fugitive hunters [to track down a defendant who flees.] They get collateral up front.
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"second mortgage." Synonyms.com. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.synonyms.com/synonym/second+mortgage>.
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