mortgageable

Definition of "mortgageable"
  1. Able to be used as security for a loan
How to use "mortgageable" in a sentence
  1. The real estate dealer confirmed that the property is mortgageable.
  2. Many financial institutions require an asset to be mortgageable before providing a loan.
  3. The appraisal confirmed that the new land purchase is mortgageable, facilitating the loan process.
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