first mortgage
noun
: a mortgage that has priority as a lien over all mortgages and liens except those imposed by law
Examples of first mortgage in a Sentence
Recent Examples on the Web
Leckie and his wife, Jennifer Hopkins, just bought a new home in Maryland, making their first mortgage payment just a few weeks ago.
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Hannah Demissie, ABC News, 1 Mar. 2025
Help with down payments, closing costs, first mortgage insurance premiums, as well as lower interest rates can be part of that program.
—David J. Neal, Miami Herald, 11 Jan. 2025
Time to Own is administered alongside a Connecticut Housing Finance Authority, or CHFA, first mortgage loan, which is a loan taken out at a participating lender, of which there are dozens throughout the state.
—Gabby Debenedictis, Hartford Courant, 26 Nov. 2024
Such a law would allow the holders of first mortgages to stop worrying.
—Joshua Stein, Forbes, 20 Sep. 2024
See All Example Sentences for first mortgage
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Hannah Demissie, ABC News, 1 Mar. 2025
Help with down payments, closing costs, first mortgage insurance premiums, as well as lower interest rates can be part of that program.
—David J. Neal, Miami Herald, 11 Jan. 2025
Time to Own is administered alongside a Connecticut Housing Finance Authority, or CHFA, first mortgage loan, which is a loan taken out at a participating lender, of which there are dozens throughout the state.
—Gabby Debenedictis, Hartford Courant, 26 Nov. 2024
Such a law would allow the holders of first mortgages to stop worrying.
—Joshua Stein, Forbes, 20 Sep. 2024
See All Example Sentences for first mortgage
Cite this Entry
“First mortgage.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/first%20mortgage. Accessed 12 Mar. 2025.
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