Mortgage
loan secured using real estate
A mortgage loan or simply mortgage (), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan)".
Mortgage borrowers can be individuals mortgaging their home or they can be businesses mortgaging commercial property (for example, their own business premises, residential property let to tenants, or an investment portfolio). The lender will typically be a financial institution, such as a bank, credit union or building society, depending on the country concerned, and the loan arrangements can be made either directly or indirectly through intermediaries. Features of mortgage loans such as the size of the loan, maturity of the loan, interest rate, method of paying off the loan, and other characteristics can vary considerably. The lender's rights over the secured property take priority over the borrower's other creditors, which means that if the borrower becomes bankrupt or insolvent, the other creditors will only be repaid the debts owed to them from a sale of the secured property if the mortgage lender is repaid in full first.
In many jurisdictions, it is normal for home purchases to be funded by a mortgage loan.
This brief starts where responsible research should: with the source description of “Mortgage” as loan secured using real estate. Everything that follows is an evidence route, not borrowed authority.
Why this record matters
The subject matters to the places & architecture register because the source frames it as loan secured using real estate. Its deeper value depends on whether names, dates, institutions and citations support that framing.
Maps, plans, fabric surveys and administrative records can establish how the site’s name, extent and function changed over time. The source revision retrieved here is dated Sep 19, 2026. The linked authority identifier is Q1210094. The Library of Congress control number is sh85087390. 1 of 1 selected statements include explicit references; 0 carry qualifiers and 0 use preferred rank.
A single description cannot reconcile every naming convention, rebuilding phase or administrative transfer associated with a place. The lead is largely declarative, so disagreement and counter-evidence require a deliberate search beyond the opening account. Authority statements aid reconciliation but still require their own references, qualifiers and ranks to be checked.
How to read it
Treat names, boundaries and functions as historically changeable. Maps, plans, inventories and administrative records can clarify what the place meant at different dates.
- Historic place names
- Jurisdictional context
- Routes into maps and plans
Contemporary maps, plans, listed-building records, estate papers and the responsible local or national archive.
Three-step research path
- Establish the record: confirm the title “Mortgage”, its source revision and the description used here.
- Expand the search: follow Mortgage primary sources, Mortgage archive and Mortgage research across catalogues and specialist indexes.
- Test the account: compare the strongest cited source with the responsible institution’s current record and note any disagreement.
Questions for further research
- Which source most directly establishes the central claim about “Mortgage”?
- What physical evidence or contemporary plan supports the description?
- Which authority defined the place, boundary or structure at the relevant date?
Search terms from this dossier
This entry incorporates text from “Mortgage” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.