first mortgage

1. 1.

   a mortgage that has priority over all mortgages and liens except those imposed by law

   Broadermortgage

Questions about first mortgage

What does first mortgage mean?

first mortgage means "a mortgage that has priority over all mortgages and liens except those imposed by law".

Is first mortgage a common word?

first mortgage is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.