Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > First Mortgage First Mortgage November 9, 2021 A mortgage that is the first loan recorded in the public record and generally the primary loan against a property.You Might Also Like: Family MattersPreparing Financially for a Baby Everyday MoneyBudget Friendly Ideas for Thanksgiving Everyday MoneySenior Discounts and Savings Everyday MoneyStarting an Emergency Savings Account Living QuartersQuestions to Ask Your Home Inspector