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The word 'mortgage' is correct and can be used in written English.
For example: "I'm considering taking out a mortgage to buy a house."
Dictionary
the mortgage
verb
To borrow against a property, to obtain a loan for another purpose by giving away the right of seizure to the lender over a fixed property such as a house or piece of land; to pledge a property in order to get a loan.
Exact(56)
Consider the mortgage business.
Take the mortgage market.
THE mortgage industry squawked.
I couldn't afford the mortgage.
The mortgage market remains shattered.
It's in the mortgage contract.
He stopped paying the mortgage.
The mortgage is the killer.
The mortgage process dragged on.
Paying the mortgage was tough.
Consider the mortgage securitization market.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com