mortgagor
Home loan taker
A mortgagor is the borrower in a mortgage arrangement—the person who pledges property as security for a loan.
The mortgagor owns the property but grants the lender (mortgagee) a claim against it until the debt is repaid.
The mortgagor defaulted after missing three payments.
Also spelled mortgager.
Property title holder
- applicantOne who formally requests
- co-signerJoint debt guarantor
- creditworthinessAbility to repay debts
- qualificationRequired skill or condition
income · employment · debt-to-income ratio · credit report · financial history · approval · application · obligation
Required task or commitment
- repaymentGiving back what's owed
- installmentsPeriodic partial payments
- amortizationGradual debt reduction schedule
- interest rateCost of borrowing money
principal · default · delinquency · arrears · insolvency · bankruptcy · underwater · subprime
Formal honorific or name
- deedWritten property conveyance
- landEarth's solid surface
- parcelWrapped item for shipping
- estateProperty and grounds
homestead · freehold · leasehold · tenure · encumbrance · equity · appraisal · assessment
One who loans money
- creditorOne owed money
- underwriterOne who assumes financial risk
- underwritingRisk evaluation and acceptance
- closingFinal stage of something
conveyance · escrow · recording · settlement · title search · title insurance · realtor · brokerage
homeowner
Property title holder
- applicantOne who formally requests
- co-signerJoint debt guarantor
- creditworthinessAbility to repay debts
qualification · income · employment · debt-to-income ratio · credit report · financial history · approval · application · obligation · repayment
obligation
Required task or commitment
- repaymentGiving back what's owed
- installmentsPeriodic partial payments
- amortizationGradual debt reduction schedule
interest rate · principal · default · delinquency · arrears · insolvency · bankruptcy · underwater · subprime · foreclosure
title
Formal honorific or name
estate · homestead · freehold · leasehold · tenure · encumbrance · equity · appraisal · assessment · dwelling
lender
One who loans money
- creditorOne owed money
- underwriterOne who assumes financial risk
- underwritingRisk evaluation and acceptance
closing · conveyance · escrow · recording · settlement · title search · title insurance · realtor · brokerage · disclosure
- mortgageshome loan, home loans, down payment, refinancing, refinance
- contract partiesparty, counterparty, signatory, buyer, seller
- legal partiesassignee, assignor, creditor, debtor, beneficiary
- property rolesproperty owner, homeowner, landlord, tenant, lessee
- property lawfreehold, leasehold, deed, deeds, title
- foreclosureforeclosure auction, forced sale, foreclosure prevention, foreclosure notice, foreclosure sale
mortgagormortgagee
Holder of property lien
lender · creditor · mortgage holder · lending institution · bank
- mortgage ratesCost of borrowing for property
- second mortgageSubsequent lien on property
- mortgage paymentRecurring housing debt transfer
- mortgage brokerArranges home financing
- mortgage loanDebt secured by property
- mortgage agreementsProperty purchase financing contracts
mortgage, mortgages, mortgaged, mortgaging, mortgagee, mortgagees, remortgaged, mortgager, remortgage