nonmortgaged

No loan attached

Nonmortgaged describes property that is owned free and clear, without a mortgage loan against it.

A nonmortgaged home has no lender's claim—the owner holds full title: The estate included both mortgaged rental properties and a nonmortgaged family residence.

financial

debt-free

Without financial obligations

liquid · creditworthy · unindebted · asset-backed · unpledged · unsecured · unobligated · disencumbered · clear

ownership

freehold

Permanent property title

  • titleFormal honorific or name
  • deedWritten property conveyance
  • outrightComplete and unqualified

proprietorship · holdings · assets · equity · estate · patrimony · inheritance · bequest · endowment · dominion

property

land

Earth's solid surface

  • parcelWrapped item for shipping
  • acreageAmount of land owned
  • plotStoryline or land parcel

tract · homestead · premises · realty · dwelling · residence · holdings · grounds · estate · manor

investment

portfolio

Collected works or assets

liquidity

Opposites
property encumbrance status

nonmortgagedmortgaged

Pledged as debt security

encumbered · collateralized · leveraged · pledged · indebted

Family

mortgage, mortgaged, mortgages, mortgaging, mortgagee, mortgager, mortgagor, unmortgaged, remortgage

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