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Definitions from the Web

Mortgage

Noun

A mortgage is a loan obtained from a bank or financial institution to purchase a property or real estate. It is typically paid back in installments over an agreed-upon period.

Sample sentence: I need to apply for a mortgage to buy my dream house.

Verb

To mortgage means to pledge or offer something, usually a property, as security for a loan.

Sample sentence: They decided to mortgage their vacation home to fund their small business.

Adjective

The adjective form of mortgage corresponds to anything related to mortgages or the mortgage market.

Sample sentence: The couple attended a mortgage fair to gather information about current interest rates.

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• Mortgage Loans
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• Mortgage Guides