Second mortgage 

Another way of saying "too expensive" or "I cant afford it". More commonly used amongst friends who like to blow their money on random shit.

pompous friend - Guys, lets go to the Ballet after an entire day of go karting.

working class person - Im sorry dude, Im going to have to take out a second mortgage to go, so I will pass.

Second mortgage by Abu B Sal October 3, 2009

subprime mortgage 

higher-risk credit mortgages which has interest rates that can adjust over time, which is bad and best to stay away from

During the housing boom of the mid-2000s, many lenders were giving subprime mortgages to borrowers with low credit scores, contributing to the subsequent financial crisis

Boss: You know, subprime mortgages were a big topic during the last financial crisis?
You: Ah, yes, *sips coffee* I love talking about business

subprime mortgage by seee..pearl April 23, 2024

Mortgage 

A legally binding contract that allows a financial institution to rape you every month for the next 20-30 years. In return, you get the privilege of maintaining a dwelling out of your own pocket without actually owning it.

1. So what'll it be this month Honey, pay the mortgage or get the driveway fixed?

2. I used to have disposable income. Now I have a mortgage instead.

Mortgage by HighwayRobber November 17, 2015

mega mortgage mug 

(n) - a dual income (or more) h/hold who participates in propping up the Australian housing bubble by buying houses by taking out an excessively large housing loan. The resulting interest payments leave them to lead a life of poverty, but hey atleast they have a roof over their heads.

$600,000 to purchase a median property in Melbourne now, you'd have to be a mega mortgage mug to even consider buying at these prices.

mega mortgage mug by AusHousingCrash September 25, 2010

golden mortgage 

1. A golden mortgage occurs when a bank or mortgage company allows the homeowner to sell their property for an amount that is lower than what is owed on the loan, then micturates on the newly dispossessed homeowner.

2. Rejected title revision for a song by a New York City rock band that takes its name from audio compressor settings.

3. A charge widely believed to be included in a sealed indictment against the R&B singer/songwriter R. Kelly.

With his credit in Jeopardy, Archibald reluctantly donned a slicker and accepted a golden mortgage.

The songwriter was shrewdly advised that, whatever he did, he must not change the name of his song to "Golden Mortgage."

Requesting a golden mortgage, the accused allegedly genuflected and looked into the eyes of his stylist's niece with pity and longing.

golden mortgage by A Tabak April 17, 2008

mortgage 

Middle class slavery.

Investment bankers buy your home loans and manage you like cattle to make even more undeserved money. For some reason people are satisfied with the illusion that they own a small plot of land with a small box on it. Sure you can make a profit if you know how to flip real estate, but good luck paying your sub-prime mortgage with the job you just loss thanks to this fucked up economy.

Millions felt entitled to live in gaudy McMansions they couldn't afford for the life they though they were entitled to. Bankers took advantage of these people, thus the sub-prime mortgage crisis.

mortgage by captainao February 20, 2009

Mortgage 

That weight around your neck that will never be alleviated until you (1) DIE or (2) eventually pay off by the time you are 107.

I would enjoy life but I have a mortgage.

Mortgage by Lord Meatclown July 31, 2003