liar's mortgage
liar's mortgage noun: a stated-income (US) or self-certificated (UK) loan secured by a mortgage granted without the lender verifying information provided by the applicant as to financial or employment status.
Noun
liar's mortgage (plural not attested)
Questions about liar's mortgage
- What does liar's mortgage mean?
- Liar's mortgage means a stated-income (US) or self-certificated (UK) loan secured by a mortgage granted without the lender verifying information provided by the applicant as to financial or employment status.
- What part of speech is liar's mortgage?
- Liar's mortgage is a noun.
Words near liar's mortgage in the dictionary
Source and license
Adapted from Wiktionary: liar's mortgage (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “liar's mortgage.” Word.ws, https://word.ws/liar%27s_mortgage. Based on Wiktionary, CC BY-SA 4.0.
