Mortgage

Home › Title Glossary › Mortgage

A mortgage is a conditional pledge of property to a creditor as security for the payment of a debt, which is released when the debt is paid.

• First Mortgage
• Second Mortgage
• Promissory Note
• Foreclosure
• Lien
• Deed of Trust

Reviewed by Kootenai Title & Bonner Title Editorial Team · Last updated June 19, 2026
This definition is educational and not legal advice. See our Editorial Policy.