Mortgage is a specific type of loan. It is a loan to purchase a house/home. A loan can be for anything such as to purchase a car, pay for college, to major home repairs.

Mortgages are types of loans that are secured with real estate or personal property. A loan is a relationship between a lender and borrower. The lender is also called a creditor and the borrower is called a debtor.

mortgage is money borrowed on credit for the purchase of real estate (buying a house). A loan is for the purchase of anything else. example ( car, university studies, starting a business) this is only a basic explanation. But a mortgage is money borrowed for a home (house, condo)