mortgages
word · lemma: mortgage
Definition
Mortgages are loans from a bank or lender that you use to buy a house or property, with the property itself serving as security for the loan.
Usage & Nuances
'Mortgage' is used formally and in business/banking. Plural 'mortgages' refers to different loans or types. Common phrases: 'apply for a mortgage', 'pay off a mortgage', 'fixed-rate mortgage'. Not the same as 'loan'—mortgages are only for property.
Spanish: hipotecasPortuguese (BR): hipotecasPortuguese (PT): hipotecasChinese (Simplified): 抵押贷款Chinese (Traditional): 抵押貸款Hindi: गृह ऋणArabic: الرّهون العقارية
Example Sentences
She has two mortgages on her properties.
basic
Many people use mortgages to buy their homes.
basic
Banks offer different types of mortgages.
basic
I'm trying to pay off my mortgages as quickly as possible.
natural
Interest rates on mortgages have gone up lately.
natural
Some people juggle multiple mortgages for investment properties.
natural