mortgageable

[ˈmɔːɡɪdʒəbl]

mortgageable Definition

able to be mortgaged; suitable for use as security for a loan.

Using mortgageable: Examples

Take a moment to familiarize yourself with how "mortgageable" can be used in various situations through the following examples!

  • Example

    The property is mortgageable, so you can take out a loan against it.

  • Example

    The bank refused to lend him money because his car was not mortgageable.

  • Example

    The house is in poor condition and may not be mortgageable.

mortgageable Synonyms and Antonyms

Synonyms for mortgageable

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Summary: mortgageable in Brief

'Mortgageable' [ˈmɔːɡɪdʒəbl] is an adjective that describes something that can be used as security for a loan. It is often used to describe properties that can be mortgaged. For example, 'The property is mortgageable, so you can take out a loan against it.' Synonyms include 'pledgeable' and 'securable.'