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liar's mortgage. In DICTIOUS you will not only get to know all the dictionary meanings for the word
liar's mortgage, but we will also tell you about its etymology, its characteristics and you will know how to say
liar's mortgage in singular and plural. Everything you need to know about the word
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English
Noun
liar's mortgage (plural not attested)
- (informal, derogatory) 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.