Define Mortgage Meaning

Mortgage
Middle class slavery.

Investment bankers buy your home loans and manage you like cattle to make even more undeserved money. For some reason people are satisfied with the illusion that they own a small plot of land with a small box on it. Sure you can make a profit if you know how to flip real estate, but good luck paying your sub-prime mortgage with the job you just loss thanks to this fucked up economy.



Millions felt entitled to live in gaudy McMansions they couldn't afford for the life they though they were entitled to. Bankers took advantage of these people, thus the sub-prime mortgage crisis.
By Lacie
Mortgage
possible root from the French verb "mourir" meaning to die. The English word "mortgage" refers a home owner's loan that is usually with you until you die. Usage of the French root is supposed to make it sound fancier than "loan" - but it doesn't really.

J'ai mort - meaning "I am dead"
I have a mortgage - meaning "My social life is dead b/c I own a house"
By Nerta
Mortgage
Another name for your wife or husband.

I'd better make this the last beer, it's time I got home to the mortgage.
By Virginia
Mortgage
A legally binding contract that allows a financial institution to rape you every month for the next 20-30 years. In return, you get the privilege of maintaining a dwelling out of your own pocket without actually owning it.

1. So what'll it be this month Honey, pay the mortgage or get the driveway fixed?

2. I used to have disposable income. Now I have a mortgage instead.
By Nari
Mortgage
That weight around your neck that will never be alleviated until you (1) DIE or (2) eventually pay off by the time you are 107.

I would enjoy life but I have a mortgage.
By Jeralee
Mortgage
1) A loan against your property
2) Something that a homeowner might possess in his bid to own a home good and proper. Often to alleviate damage to his property incurred through it being 'owned'

Have you always had a mortgage, or did you used to like girls?
By Mirilla
Mortgage
The only reason you own a home.

I just closed on my mortgage. I'll be moving in to my new home next week.
By Lark
Mortgaged
to be completely drunk

By Kirbee
Golden Mortgage
1. A golden mortgage occurs when a bank or mortgage company allows the homeowner to sell their property for an amount that is lower than what is owed on the loan, then micturates on the newly dispossessed homeowner.

2. Rejected title revision for a song by a New York City rock band that takes its name from audio compressor settings.

3. A charge widely believed to be included in a sealed indictment against the R&B singer/songwriter R. Kelly.

With his credit in Jeopardy, Archibald reluctantly donned a slicker and accepted a golden mortgage.

The songwriter was shrewdly advised that, whatever he did, he must not change the name of his song to "Golden Mortgage."

Requesting a golden mortgage, the accused allegedly genuflected and looked into the eyes of his stylist's niece with pity and longing.
By Winnie
Ninja Mortgage
Usually to qualify for a mortgage, borrowers need income,a job or assets.

A ninja mortgage is a type of mortgage granted to people with none of the above, hence:

No
Income
No
Job or
Assets

Without income, a job or assets, it's hard to pay back a mortgage. Many ninja loans became subprime when peeps couldn't refinance their loans.

These peeps are now ninjah

Borrower: Gee, I'd like to buy a house, but I have no job or income... can you help me ?
Mortgage broker: With a ninja mortgage you don't need to prove you have income or a job, we don't even need a downpayment since the value of your house will always go up!
Borrower: Awesome!
By Jerrylee