first mortgage in English
mortgage taken out for the first time
Use "first mortgage" in a sentence
Below are sample sentences containing the word "first mortgage" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "first mortgage", or refer to the context using the word "first mortgage" in the English Dictionary.
1. A principal Curtailment is the process of applying funds to reduce the existing unpaid principal balance of a first mortgage loan
2. 16 Buyers must make at least a 50% down payment on a second home, even if it is their first mortgage.