What is the difference between a Lien and a Mortgage?

A lien is any official claim or charge against property or funds for payment of a debt or an amount owed for services rendered. The “property” doesn’t necessarily have to be real estate, just something of value owned by the debtor.

A mortgage is a loan that has been secured by real estate. Typically a mortgage gives the lender the right to seize and sell your home if you default on the mortgage payments. A mortgage can become a lien if the mortgagor goes into default, but otherwise a mortgage is not technically a lien.

In county terminology, a Lien is a court-ordered claim against an individual recorded at the Prothonotary’s Office

A Mortgage is a loan that has been secured by real estate recorded at the Recorder of Deeds office.

Show All Answers

1. How is my mortgage satisfied?
2. Who satisfies my mortgage?
3. What do I do if the satisfaction papers are sent to me?
4. What is the difference between a Lien and a Mortgage?