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5. Second Mortgages UK | Guide to second mortgagesSecond mortgages are mortgage loans that are secured on a property which already has a first mortgage on it. For example, if your home is worth £150, ...www.mortgagesorter.co.uk
6. second mortgage: Definition from Answers.comsecond mortgage n. A mortgage taken out on property that already has one mortgage, with priority in settlement of claims given to the earlierwww.answers.com
7. Second mortgage - Wikipedia, the free encyclopediaSecond mortgages are called subordinate because, if the loan goes into default, the first mortgage gets paid off first before the second mortgage. ...en.wikipedia.org
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