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Definition of "nonmortgage" [nonmortgage]

  • Not involving a mortgage (adjective)

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Use "nonmortgage" in a sentence
  • "Yet U.S. consumers have 37% more credit-card, auto and other nonmortgage debt than a decade ago, before adjusting for inflation, according to the Fed."
  • "The $200 billion program, which lasted from March 2009 until June 2010, provided low-cost loans to investors buying nonmortgage asset-backed securities after the market dried up."
  • "Mr. Mayo estimated that U.S. banks are about a third of the way through accounting for losses on nonmortgage consumer loans, while losses on business loans "seem in the early stages.""
Words like "nonmortgage"