Mortgage
noun
A legal agreement where you borrow money from a bank or similar organization to buy a house, in which that organization could take your house if you do not make the payments back.
They took out a $90,000 mortgage to buy the house.
Often appears as...
- take out a mortgage
- pay off a mortgage
verb
To give your property to a bank or similar organization as a way to get a loan, with the understanding that the property could be taken by that organization if the loan is not paid back.
They had to mortgage their home to pay for the medical bills.
Often appears as...
- mortgage a house
- mortgage a property
noun
A legal agreement where you borrow money from a bank or similar organization to buy a house, in which that organization could take your house if you do not make the payments back.
They took out a $90,000 mortgage to buy the house.
Often appears as...
- take out a mortgage
- pay off a mortgage
verb
To give your property to a bank or similar organization as a way to get a loan, with the understanding that the property could be taken by that organization if the loan is not paid back.
They had to mortgage their home to pay for the medical bills.
Often appears as...
- mortgage a house
- mortgage a property
Definition 1 of 2
Pro Tip 1/3Financial Commitment
A mortgage is a long-term financial obligation, often 15 to 30 years.
Before taking out a mortgage, consider your ability to make long-term payments.
Pro Tip 2/3Default Consequences
Failing to repay a mortgage can result in losing your home to the lender.
If they default on the mortgage, the bank may foreclose on their home.
Pro Tip 3/3Cultural Significance
Owning a home with a mortgage is often linked with success and stability in many cultures.
Their goal was to have a mortgage by 30, as a sign of financial achievement.
Pro Tip 1/3Financial Commitment
A mortgage is a long-term financial obligation, often 15 to 30 years.
Before taking out a mortgage, consider your ability to make long-term payments.
Pro Tip 2/3Default Consequences
Failing to repay a mortgage can result in losing your home to the lender.
If they default on the mortgage, the bank may foreclose on their home.
Pro Tip 3/3Cultural Significance
Owning a home with a mortgage is often linked with success and stability in many cultures.
Their goal was to have a mortgage by 30, as a sign of financial achievement.
Pro Tip 1/3Financial Commitment
A mortgage is a long-term financial obligation, often 15 to 30 years.
Before taking out a mortgage, consider your ability to make long-term payments.
Pro Tip 2/3Default Consequences
Failing to repay a mortgage can result in losing your home to the lender.
If they default on the mortgage, the bank may foreclose on their home.
Pro Tip 3/3Cultural Significance
Owning a home with a mortgage is often linked with success and stability in many cultures.
Their goal was to have a mortgage by 30, as a sign of financial achievement.
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Video examples
Jeff Speck: The walkable...
Imagine putting everything you have into your mortgage, it goes underwater, and you have to pay twice as much for all the driving that you're doing. So we know what it's done to our society and all the extra work we have to do to support our cars. What happens when a city decides
Video examples
Life Lessons From a...
patterns of the way the world works this is how you make money this is how you graduate school this is how you get a mortgage this is how you have kids I've got that on lockdown I know my car and I'm gonna go to work every day and I'm gonna check out all these things and
Video examples
It’s time to embrace our...
our home mortgage interest deduction that bribes Americans to leave urban apartments and move into suburban homes and most of all to rethink our urban school system that does so much to discourage parents from living in in urban areas thank you very much
Video examples
Creative houses from...
second security third relationships fourth status self-esteem that is vanity and we're taking vanity and shoving it down here and so we end up with vain decisions and we can't even afford our mortgage we can't afford to eat anything except
Video examples
An honest look at the...
that I would invite you to consider as well. So if you need to move in with your brother to make ends meet, call him. If you need to take in a boarder to help you pay your mortgage or pay your rent, do it. If you need to get food stamps,
Video examples
Leana Wen: What your...
Medscape's public forum and several online doctors' communities had thousands of posts about this topic. Here are a few. From a gastroenterologist in "I devoted 12 years of my life to being a slave. I have loans and mortgages.
Video examples
Why our IQ levels are...
and to know who was trustworthy in the local community for paying back their mortgage. Well, the merchant bankers who brought the world to their knees may have been morally remiss, but they were cognitively very agile.
Video examples
Heather Brooke: My...
and then, you all remember, there was weeks and weeks of revelations, everything from porn movies and bath plugs and new kitchens and mortgages that had never been paid off. The end result was six ministers resigned,
Video examples
Conrad Wolfram: Teaching...
to function in the world today, you've got to be pretty quantitative, much more so than a few years figure out your mortgages, being skeptical of government statistics, those kinds of things --
Video examples
Sir David Attenborough...
mortgage and that contains four million seeds even the slightest air currents will carry them hundreds of miles through the forest
Video examples
Jeff Speck: The walkable...
Imagine putting everything you have into your mortgage, it goes underwater, and you have to pay twice as much for all the driving that you're doing. So we know what it's done to our society and all the extra work we have to do to support our cars. What happens when a city decides
Video examples
Life Lessons From a...
patterns of the way the world works this is how you make money this is how you graduate school this is how you get a mortgage this is how you have kids I've got that on lockdown I know my car and I'm gonna go to work every day and I'm gonna check out all these things and
Video examples
It’s time to embrace our...
our home mortgage interest deduction that bribes Americans to leave urban apartments and move into suburban homes and most of all to rethink our urban school system that does so much to discourage parents from living in in urban areas thank you very much
Video examples
Creative houses from...
second security third relationships fourth status self-esteem that is vanity and we're taking vanity and shoving it down here and so we end up with vain decisions and we can't even afford our mortgage we can't afford to eat anything except
Video examples
An honest look at the...
that I would invite you to consider as well. So if you need to move in with your brother to make ends meet, call him. If you need to take in a boarder to help you pay your mortgage or pay your rent, do it. If you need to get food stamps,
Video examples
Leana Wen: What your...
Medscape's public forum and several online doctors' communities had thousands of posts about this topic. Here are a few. From a gastroenterologist in "I devoted 12 years of my life to being a slave. I have loans and mortgages.
Video examples
Why our IQ levels are...
and to know who was trustworthy in the local community for paying back their mortgage. Well, the merchant bankers who brought the world to their knees may have been morally remiss, but they were cognitively very agile.
Video examples
Heather Brooke: My...
and then, you all remember, there was weeks and weeks of revelations, everything from porn movies and bath plugs and new kitchens and mortgages that had never been paid off. The end result was six ministers resigned,
Video examples
Conrad Wolfram: Teaching...
to function in the world today, you've got to be pretty quantitative, much more so than a few years figure out your mortgages, being skeptical of government statistics, those kinds of things --
Video examples
Sir David Attenborough...
mortgage and that contains four million seeds even the slightest air currents will carry them hundreds of miles through the forest
Example 1 of 10
Quote examples
Sophie Okonedo
British Actress
Sometimes I really need the money, really need to go straight to work. But if I had the absolute choice - money no object, my mortgage paid off - I'd really just work once or twice a year - but wouldn't everybody! - or at least do a different job sometimes.
Quote examples
Sallie Krawcheck
American Businesswoman
First, pay off your high-interest-rate debt. If you have student loan debt - that's low interest rate; that has a tax benefit - you can leave that out. A mortgage can be an OK one. Credit card debt is poison. That needs to be paid off right away.
Quote examples
Jonny Lee Miller
British Actor
It sounds so incredibly selfish, but you just can't earn the same money doing theater as you can doing television and film. I know that's awful, but you get a mortgage and a family, and suddenly, paying that seems quite important.
Quote examples
Gary Burghoff
American Actor
The richest people are those who have life arranged so they have food for the family and the rent or mortgage paid. After that, at least in my case, it can become a pretty boring existence if wealth is the only objective.
Quote examples
Jean Chatzky
American Journalist
Debt certainly isn't always a bad thing. A mortgage can help you afford a home. Student loans can be a necessity in getting a good job. Both are investments worth making, and both come with fairly low interest rates.
Quote examples
Rory McCann
Scottish Actor
If I had a long-term partner, I don't think I'd be an actor. It'd be too much of a strain; you have to work too hard to balance that life with a family and a mortgage and all that stuff - it would be too much.
Quote examples
Stephen Karam
American Playwright
Until I have a family or a mortgage, I'm trying to keep my lifestyle simple and my apartment affordable so that I can continue to focus on theater. That's as good as it gets for me.
Quote examples
Peter Frampton
English Musician
As long as I can have enough to make the record and pay the mortgage, those were always the two things that were most important to me.
Quote examples
Joe Mays
American Athlete
The universe of mortgage lending has gotten to the point where there is a place in it for everybody.
Quote examples
Jack Dee
British Comedian
Whenever you're in any acting role you are mortgaging your own character.
Quote examples
Sophie Okonedo
British Actress
Sometimes I really need the money, really need to go straight to work. But if I had the absolute choice - money no object, my mortgage paid off - I'd really just work once or twice a year - but wouldn't everybody! - or at least do a different job sometimes.
Quote examples
Sallie Krawcheck
American Businesswoman
First, pay off your high-interest-rate debt. If you have student loan debt - that's low interest rate; that has a tax benefit - you can leave that out. A mortgage can be an OK one. Credit card debt is poison. That needs to be paid off right away.
Quote examples
Jonny Lee Miller
British Actor
It sounds so incredibly selfish, but you just can't earn the same money doing theater as you can doing television and film. I know that's awful, but you get a mortgage and a family, and suddenly, paying that seems quite important.
Quote examples
Gary Burghoff
American Actor
The richest people are those who have life arranged so they have food for the family and the rent or mortgage paid. After that, at least in my case, it can become a pretty boring existence if wealth is the only objective.
Quote examples
Jean Chatzky
American Journalist
Debt certainly isn't always a bad thing. A mortgage can help you afford a home. Student loans can be a necessity in getting a good job. Both are investments worth making, and both come with fairly low interest rates.
Quote examples
Rory McCann
Scottish Actor
If I had a long-term partner, I don't think I'd be an actor. It'd be too much of a strain; you have to work too hard to balance that life with a family and a mortgage and all that stuff - it would be too much.
Quote examples
Stephen Karam
American Playwright
Until I have a family or a mortgage, I'm trying to keep my lifestyle simple and my apartment affordable so that I can continue to focus on theater. That's as good as it gets for me.
Quote examples
Peter Frampton
English Musician
As long as I can have enough to make the record and pay the mortgage, those were always the two things that were most important to me.
Quote examples
Joe Mays
American Athlete
The universe of mortgage lending has gotten to the point where there is a place in it for everybody.
Quote examples
Jack Dee
British Comedian
Whenever you're in any acting role you are mortgaging your own character.
Example 1 of 10
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