Understanding Mortgages: Types, Translations, and More

Main translations mortgage n (for house) home loan, home loan, mortgage loan nm mortgage nm Tom took out a mortgage and bought a house. Tom got a mortgage and bought a house. mortgage [sth]⇒ vtr (the house) hypothéquer⇒ vtr Kate’s dad mortgaged the house to pay for her wedding. Kate’s father mortgaged the house to pay for his daughter’s wedding.

Additional translations mortgage n (monthly payment) (for accommodation) home loan repayment, home loan repayment nm (for accommodation) home loan, home loan nm Sarah had to pay her 800-dollar mortgage every month. Every month, Sarah had to pay her $800 home loan repayment. mortgage n (loan agreement) mortgage nf The banker handled a lot of mortgages at work. The banker handled many mortgages at work. mortgage n (debt) this nf Richard had to take over his dad’s mortgage when he died. Richard had to take over his father’s debt when he died. mortgage [sth] vtr figurative (future) (figurative) hypothéquer⇒ vtr Ben mortgaged his future to help his friend. Ben mortgaged his future to help his friend.

Compound shapes
mortgage chattel mortgage (economics) chattel mortgage nf equitable mortgage n (type of mortgage) (Finance) equity mortgage nf first mortgage n (first lien position mortgage) first mortgage nf fixed-rate mortgage n (law: mortgage with unchanging interest rate) fixed rate mortgage nf junior mortgage n (finance: subsequent loan) lower ranking mortgage nf mortgage banker n (finance: [sb/sth] that funds mortgages) mortgage lender nf mortgage bond n usually plural (business: backed by mortgages) (Finance) mortgage bond nf mortgage broker n (agent who matches house buyer with mortgage lender) mortgage broker nm mortgage broker nm I used the mortgage broker my sister recommended. mortgage company n (business providing loans to property buyers) building society nf mortgage deed n (contract of a loan) mortgage deed nm mortgage foreclosure n (finance: lender-forced sale) mortgage foreclosure nf mortgage holder n ([sb] who has taken out a loan to buy property) person who has taken out a home loan, person who has taken out a home loan nmf Bank XYZ is my mortgagee. mortgage insurance n (policy to compensate for property loan payments) home loan insurance nf mortgage lender n (institution lending money to housebuyers) mortgage lender nm mortgage loan n (money lent to a housebuyer) home loan, mortgage loan nm mortgage payment n (instalment paid on a housebuyer’s loan) monthly mortgage payment, monthly mortgage payment nf mortgage rate n (finance: interest) home loan rate, home loan rate, mortgage rate nm mortgage servicer n (company offering a property loan) Recovering agency nf recorded mortgage n (law: filed copy of deed) registered mortgage nf reverse mortgage,
reverse-annuity mortgage,
equity conversion n (economics: property loan) life nm second mortgage n (on property already mortgaged) second mortgage nf Charlotte took out a second mortgage worth $500,000. senior mortgage n (secured by first lien) first mortgage nf shared appreciation mortgage n (type of home loan) (Finance) participating mortgage loan, loan with participation in the appreciation nm subprime mortgage,
sub-prime mortgage n (loan: below prime rate) subprime mortgage nm (Anglicism) subprime nm A subprime mortgage is a loan granted to a person with poor credit.