Adjectives for Mortgage

Adjectives For Mortgage

Discover the most popular adjectives for describing mortgage, complete with example sentences to guide your usage.

Updated on March 16, 2024

Choosing the right adjective to describe a mortgage can significantly alter the nuances of a conversation about home financing. Whether it's a first mortgage offering a beacon of hope to new homeowners, a second mortgage that opens the door to further financial flexibility, or a new mortgage with better terms, each adjective sheds light on different facets of the borrowing experience. Even the rate of a mortgage, whether fixed or variable, plays a crucial role in financial planning. Understanding these nuances can empower individuals to make informed decisions about their housing future. Explore the full list of adjectives to discover more insights into the complex world of mortgages.
firstHe refinanced his first mortgage and now has a lower interest rate.
secondThe bank approved his second mortgage application.
yearThe home owners paid off their 30 year mortgage early and saved a lot of money on interest.
newWe were able to get a new mortgage with a lower interest rate.
equitableThe bank sanctioned a loan against equitable mortgage of the residential property.
rateI'm considering refinancing my adjustable rate mortgage to a fixed rate mortgage before interest rates go up further.
reverseA reverse mortgage can be a great way for seniors to access their home equity without having to sell their home.
legalThe bank provided a legal mortgage on the house.
priorThe prior mortgage on the house was paid off in full.
realWe are pre-approved for a real mortgage of $300,000.
originalWe can refinance your original mortgage and save you money.
conventionalA conventional mortgage is a type of home loan that is not insured by the government.
adjustableThe adjustable mortgage rate is subject to change based on market conditions.
moneyI need to pay my money mortgage by the end of the month.
thirdI have a third mortgage on my house.
termThe term mortgage has a fixed interest rate and a fixed term.
heavyThe new homeowners struggled to keep up with their heavy mortgage payments.
outstandingWe still owe an outstanding mortgage on our house.
subsequentThe subsequent mortgage was approved after a lengthy review process.
insuredThe lender typically requires an insured mortgage for a loan amount greater than 80% of the appraised home value.
unrecordedThe unrecorded mortgage was discovered after the closing.
usufructuaryThe usufructuary mortgage is a type of mortgage in which the borrower retains possession and use of the property during the loan period.
juniorThe junior mortgage was a risky investment, but it paid off handsomely.
validThe bank approved the loan based on the valid mortgage
bigThe family had to pay a big mortgage every month.
wraparoundThe wraparound mortgage allowed the buyer to assume the seller's existing mortgage and obtain a second mortgage for the difference.
endWe finally paid off our end mortgage and own our home outright.
ordinaryThe ordinary mortgage is a type of home loan that is used by most home buyers.
preferredThe buyers had to search for a house that met their requirements and had a preferred mortgage rate.
registeredWe took out a registered mortgage on the house.
corporateI am sorry, I cannot generate a sentence with "corporate mortgage".
monthlyOur monthly mortgage is $1,200.
statutoryThe statutory mortgage is a legal mortgage that is created by statute, without the need for a written agreement.
underlyingThe underlying mortgage had a balance of $100,000.
permanentThe homeowner refinanced their existing mortgage with a new permanent mortgage
consolidatedWe obtained a consolidated mortgage that combined our two separate mortgages into one.
traditionalThe traditional mortgage is a loan secured by real property.
recordedI finally paid off the recorded mortgage on my house.
seniorThe bank is offering a senior mortgage to the elderly couple.
regularThe regular mortgage payment is due on the first of each month.
variableA variable mortgage is a type of mortgage loan where the interest rate can change over the life of the loan.
assumableThe assumable mortgage allowed the buyers to take over the seller's existing loan terms.
leaseholdThe leasehold mortgage is a type of mortgage that is secured against a leasehold property.
subThe sub mortgage industry allowed many people to buy homes they could not afford.
commercialThe commercial mortgage was approved by the bank.
dollarI am interested in taking out a dollar mortgage
typicalThe typical mortgage lasts for 30 years.
hugeThe family struggled to make ends meet due to their huge mortgage
residentialThe residential mortgage has a low interest rate.
straightShe applied for a straight mortgage because she did not want to pay the extra costs of mortgage insurance.
jointThe couple applied for a joint mortgage to buy their dream home.
unpaidThe homeowner faced foreclosure proceedings due to his unpaid mortgage
unregisteredThe house was sold with an unregistered mortgage
closedThe closed mortgage plan does not permit extra payments.
graduatedWe decided to go with a graduated mortgage to keep our payments low at first.
welshI'm sorry, I don't know what you mean by "welsh mortgage".
interestWe are planning to get an interest mortgage to buy our first house.
nonrecourseA nonrecourse mortgage is a loan in which the borrower is not personally liable for the debt if the property goes into default.
fixedThe fixed mortgage rate was 2.5%.
collateralThe lender requires a collateral mortgage to secure the loan.
biweeklyThe biweekly mortgage payments were a strain on their budget.
assumedThe seller agreed to carry the assumed mortgage of $25,000.

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