Synonyms for

Mortgage

Verb / ˈmɔ:rgʌdʒ / / ˈmɔ:rgɪdʒ / Another word for mortgage — explore alternatives below. For syllable breakdowns and pronunciation, see this word on Syllablesworld.

Definition

A mortgage is a loan that you take out to buy a house or other property. You have to pay back the loan with interest over a period of time.

Synonyms & similar words

loan lien charge security pledge bond collateral encumbrance hypothecation pawn settlement advance credit finance debit balance arrears redemption default

Synonyms by register

Formal

loan debenture encumbrance lien

Informal

home loan house loan borrowing

Literary

pledge bond

Antonyms

ownership freehold possession title deed equity

Common collocations

  • mortgage payment
  • mortgage rate
  • mortgage broker
  • mortgage application
  • mortgage debt
  • mortgage relief
  • mortgage lender

Word family

noun mortgage
verb mortgage

Usage note

A mortgage is a specific type of loan used to purchase real estate. It is often confused with a general loan, but its primary purpose is property acquisition.

Example sentences

  1. I need to get a mortgage so I can buy my dream house.
  2. My parents took out a mortgage to buy our family home.
  3. The bank approved my mortgage application.
  4. I have to make monthly payments on my mortgage.
  5. A mortgage is a big financial responsibility.

Quotes

  • A mortgage is a long-term relationship, like a marriage but without the sex. And like a marriage, it requires a lot of work and compromise.
  • A mortgage is like a marriage. You have to work hard to make it work.
  • A mortgage is not just a loan, it's a commitment.

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