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mortgage loans meaning of mortgage loan : Define mortgage. mortgage synonyms, mortgage pronunciation, mortgage translation, English dictionary definition of mortgage. n. 1. A loan for the purchase of real property, secured by a lien on the property. 2. The document specifying the terms and conditions of the repayment of...Mortgage definition is - a conveyance of or lien against property (as for securing a loan) that becomes void upon payment or performance according to stipulated terms. How to use mortgage in a sentence.Definition of mortgage loan: A loan to finance the purchase of real estate, usually with specified payment periods and interest rates. The borrower...A conventional mortgage is any type of home buyer’s loan that is not offered or secured by a government entity, but instead is available through a private lender.Bond; Cash; Collateralised debt obligation; Credit default swap; Time deposit (certificate of deposit); Credit line; Deposit; Derivative; Futures contract; Indemnity ...Mortgage definition, a conveyance of an interest in property as security for the repayment of money borrowed. See more.Mortgage. A mortgage, or more precisely a mortgage loan, is a long-term loan used to finance the purchase of real estate. As the borrower, or mortgager, you repay the lender, or mortgagee, the loan principal plus interest, gradually building your equity in the property.Loan definition is - money lent at interest. How to use loan in a sentence. loan vs. lend. ... For individuals, loans can be personal loans, mortgages or lines of credit. Why It Matters. A loan is a liability, meaning the lender has a claim on a company’s assets. Loan payments due within one year are generally classified as short-term debt on ...Definition of mortgage: A legal agreement that conveys the conditional right of ownership on an asset or property by its owner (the mortgagor) to a lender (the mortgagee) as security for a loan. ... (the mortgagor) to a lender (the mortgagee) as security for a loan. The lender's security ... Dictionary Term of the Day Articles Subjects ...A mortgage is a debt instrument, secured by the collateral of specified real estate property, that the borrower is obliged to pay back with a predetermined set of payments. Mortgages are used by ...
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