mortgage holder
Bank with lien
A mortgage holder is the party that holds the mortgage on a property—typically a bank or lender that has lent money for a home purchase and retains a security interest until the loan is repaid.
The term can also refer to the borrower who holds the mortgage obligation, though this usage is less common.
The mortgage holder initiated foreclosure proceedings after six months of missed payments.
- lenderOne who loans money
- bankPlace holding deposits
- loan officerEvaluates borrowing requests
- deedWritten property conveyance
- titleFormal honorific or name
equity · foreclosure · home loan · fixed rate · loan · interest · principal · monthly payment · escrow · property tax · refinance · payment · property · real estate · collateral · default · amortization · creditor
- bank customersdepositor, borrower, loan applicant, new customer, loyal customer
- debtorsbankrupt, defaulter
- homeownerscondo owner, first-time buyer
- housing statushomeowner, renter, tenant, landlord, owned
- housing typesranch house, split-level, Cape Cod, bungalow, apartment complex
- adultsadult, adults, grown-up, grown-ups, mature