A mortgage lien is classified as which type of lien?

A mortgage lien is classified as a voluntary lien because it is created with the consent of the property owner. When a borrower takes out a mortgage to purchase a property, they willingly enter into an agreement with a lender, allowing the lender to place a lien on the property as security for the loan. This agreement is a voluntary action, reflecting the borrower’s desire to secure financing for their real estate purchase.

In contrast, involuntary liens are typically imposed by law or due to circumstances beyond the property owner's control, such as tax liens or mechanic's liens. Statutory liens are a form of involuntary liens that arise from statutes or regulations, while judicial liens result from court orders following a legal judgment. Hence, these classifications differ in their origins and the consent of the property owners involved.