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
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McCrory cited Lebda’s initial idea for LendingTree itself, inspired by his frustrating experience trying to get his first mortgage. Rebecca Noel, Charlotte Observer, 19 Oct. 2025 The study found that 1.6% of total auto loans were 60 days or more past due as of July 2025, while credit card and first mortgage loan delinquencies are less than 1%. Miguel Ambriz, Fortune, 17 Oct. 2025 What To Know Lebda founded LendingTree in 1996 after experiencing his own difficulties obtaining a first mortgage. Adeola Adeosun, MSNBC Newsweek, 14 Oct. 2025 Gilbert, 63, started his first mortgage lender at age 22 with $5,000 earned from selling pizzas in college. Giacomo Tognini, Forbes.com, 8 Sep. 2025 See All Example Sentences for first mortgage

Word History

First Known Use

1728, in the meaning defined above

Time Traveler
The first known use of first mortgage was in 1728

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Cite this Entry

“First mortgage.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/first%20mortgage. Accessed 11 Nov. 2025.

Legal Definition

first mortgage

see mortgage

Last Updated: - Updated example sentences
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