What is difference between mortgage and loan?

A loan is kind of a big word for borrowing money. You can get a loan for almost anything. Like for a car, or for college, or just for personal stuff. But a mortgage is a special loan. It is only for buying a house or some property.

The big difference is the house is the security for the mortgage. If you do not pay your mortgage, the bank can take your house. For other loans, they cannot always take a big thing like that. So, every mortgage is a loan, but it is a special type of loan for a house.