What is another word for first mortgage?

Pronunciation: [fˈɜːst mˈɔːɡɪd͡ʒ] (IPA)

First mortgages are typically the primary loans secured by a property. There are a variety of synonyms that can be used in place of "first mortgage," such as primary mortgage, senior mortgage, and primary lien. These terms all denote the same concept of a loan that has priority over any other liens or mortgages on a property. Additionally, in some situations, a first mortgage may be referred to as a purchase money mortgage, indicating that it was used to purchase the property rather than being a refinancing of an existing loan. Regardless of the term used, a first mortgage is a crucial component of the home buying process for many homeowners.

Synonyms for First mortgage:

What are the hypernyms for First mortgage?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for First mortgage?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.
  • hyponyms for first mortgage (as nouns)

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