mortgage debt


A debt created by a mortgage and secured by the mortgaged property.

Use mortgage debt in a sentence

They had a lot of mortgage debt and that was not very good to watch because it was sad and really hard to watch.

​ Was this Helpful? YES  NO 6 people found this helpful.

You should always be trying to pay your mortgage debt off as quick as you can so that yo can borrow again next time.

​ Was this Helpful? YES  NO 11 people found this helpful.

John and Tina really wanted a house, but were not sure they wanted the mortgage debt that went along with owning a house.

​ Was this Helpful? YES  NO 5 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
title theory foreclosure