RealtorTerms.com
Terms Blog
  1. Glossary
  2. First mortgage

First mortgage

A mortgage that, in comparison to other charges or encumbrances on the property, results in the creation of a higher voluntary lien on the property that is mortgaged.

Real Estate Aids

  • House-Shaped Paper Clips
  • Exactly What To Say (book)
  • Barron's Exam Flash Cards
  • Key Lock Box
  • Modern Real Estate Practice (book)
Last updated: March 11, 2025
Back to Glossary
© 2025 RealtorTerms.com

Disclaimer | All information on RealtorTerms.com should be considered informational only. We are not licensed realtors or real estate agents. Always consult your attorney and/or financial adviser prior to making any financial or legal decision.

This site is based on a handful of data sources, including psi, investopedia, biggerpockets and more.

RealtorTerms.com is a participant in the Amazon Services LLC associates program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.