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first mortgage

The mortgage that has first claim in the event of a default.

Related information about first mortgage:
  1. First Mortgage Corp- Home Mortgage Loans in Ontario, CA
    First Mortgage Corp is a full service mortgage broker licensed in Ontario, CA. We specialize in first and second mortgages, debt consolidation, refinance, and ...
     
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  3. First Mortgage Definition | Investopedia
    A mortgage in a first lien position on the property that secures the mortgage. A first mortgage has priority over all other liens or claims on a property in the event ...
     
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    The FHA Loan Can Give Homebuyers More Options! The FHA mortgage can make your homebuying dream a reality with competitive rates and a low down ...
     
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  8. first mortgage - Financial Dictionary - The Free Dictionary
    A type of mortgage that through a lien gives precedence to the lender of the first mortgage over all other lenders in case of default.