Definition: The word "mortgage" has various definitions depending on the context and purposes it refers to. 1.

Debt:

In the traditional sense, a mortgage is a loan for buying real estate (or other assets) or refinancing existing debt. It involves borrowing funds from a lender, typically through a credit union or bank, with the borrower making regular payments towards these loans until the principal balance on the mortgage is paid off. 2.

Equity:

In equity financing, investors provide capital to businesses for the purpose of providing them with additional resources so that they can continue to operate successfully and possibly expand their business. This involves using profits from a company's operations or income from investments as the primary source of funding. 3.

Bank mortgage:

A mortgage is typically made by a bank to a borrower who provides security in exchange for loans. The borrower must be able to meet the monthly payments on the loan, and the terms may vary depending on the lender. 4.

Home equity loan:

A home equity loan allows borrowers to borrow money against their home at a higher interest rate than traditional loans. This type of mortgage is typically used when there is insufficient cash available for personal expenses or emergency needs. 5.

Fannie Mae mortgage:

Fannie Mae, which was created in 1934, provides financing for mortgages on government-guaranteed properties such as schools and hospitals. These are backed by a guarantee from the U.S. government, making it more secure than many private lenders. 6.

Federal Housing Administration (FHA) mortgage:

FHA loans are designed to help low- and moderate-income buyers purchase homes without the need for home equity or equity financing. They provide insured mortgages that are easier to qualify for due to a lower down payment percentage. In summary, the word "mortgage" has various meanings in different contexts, depending on the context of the loaning entity (bank, investor, borrower), and the purpose of the mortgage loan (for buying real estate, refinancing existing debt, etc.).

mortgage meaning

Definition: The word "mortgage" means borrowing money to buy a home or other property, which can be secured with some type of security such as a mortgage deed. It is also known as a mortgage loan. In French, the word "mortage" has its root in the Latin "mater" meaning "house," and "labor" meaning work. So "mortgage" refers to borrowing money from someone else to pay for something or someone's property. The word has many meanings depending on context, but it is commonly used in financial jargon to describe any form of loan that requires the borrower to provide collateral such as a mortgage deed to secure their loan payment.

mortgage meaning in french