(Australia) The residential suburbs that have a high concentration of families mortgaging their homes.

A form of mortgage in which the seller of a property extends to the buyer a junior mortgage which exists in addition to any superior mortgages already secured on the property. The seller accepts a secured promissory note from the buyer for the amount due on the underlying mortgage plus an amount up to the remaining purchase-money balance.

(finance) Having mortgages as collateral.

plural of mortgage lender

plural of mortgage belt

plural of mortgage deed

Used other than figuratively or idiomatically: see mortgage, deed. / (slang, obsolete) A pawnbroker's ticket or duplicate.

(finance) A type of mortgage (typically a loan to buy a house) in which, over the term of the loan, the borrower gradually repays the loan principal, in addition to paying interest, so that at the end of the term the principal is wholly repaid. Contrasted with endowment mortgage.

(US, finance) A fixed- or adjustable-rate, fully amortized loan secured by a mortgage or deed of trust that is not insured or guaranteed by an agency of the federal government (such as FHA or VA). (Source: Office of Thrift Supervision https://web.archive.org/web/20060618191009/http://www.ots.treas.gov/glossary/gloss-c.html)

(finance) an asset-backed security whose cash flows are backed by the principal and interest payments of a set of mortgage loans.