Mortgage


The meaning of the word Mortgage is: a loan given from a financial institution for a person’s property which causes the person to pay it back plus interest


Examples:

The newly married couple checked the rates on the mortgage to determine how much they would have to pay for their dream home.

published by Brad on 2021-05-11 21:43:45


When the homeowner lost her job, she was unable to pay the mortgage on her home resulting in a foreclosure.

published by Domenica on 2021-05-09 08:45:26


Usually the most expensive monthly bill is the mortgage because this loan is for the most expensive item they own, a house.

published by Georgia on 2021-11-10 01:20:43


The terms of the mortgage included the interest rate at 3.92% with a fixed rate for 30 years.

published by Rigoberto on 2021-06-09 00:45:36


After the retired couple paid off their 25-year mortgage on their condo, they celebrated with a party.

published by Deetta on 2021-08-22 20:31:57


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