Synonyms for

Mortgages

Verb / ˈmɔ:rgʌdʒʌz / / ˈmɔ:rgɪdʒɪz / Another word for mortgages — explore alternatives below. For syllable breakdowns and pronunciation, see this word on Syllablesworld.

Definition

A mortgage is a loan that people use to buy a house. The bank gives you the money to buy the house, and then you pay the bank back over many years.

Synonyms & similar words

mortgage loan debt credit advance lien pledge security bond charge claim encumbrance hypothecation pawn surety warranty

Synonyms by register

Formal

loan encumbrance security interest debenture

Informal

home loan house loan borrowing

Literary

pledge bond

Antonyms

freedom release unburdening liquidation disposal

Common collocations

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

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. My parents took out a mortgage to buy our house.
  2. I want to pay off my mortgage early so I can save money on interest.
  3. The bank approved my mortgage application.
  4. It's important to have a good credit score when applying for a mortgage.
  5. I'm going to shop around to find the best mortgage rates.

Quotes

  • A mortgage is a bet on the future price of housing. - Peter Schiff
  • A mortgage is the biggest debt most of us will ever have. - Suze Orman
  • When buying a home, always remember that you are buying the mortgage as well. - David Bach

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