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.

borrower

homeowner

Property title holder

qualification · income · employment · debt-to-income ratio · credit report · financial history · approval · application · obligation · repayment

debt

obligation

Required task or commitment

interest rate · principal · default · delinquency · arrears · insolvency · bankruptcy · underwater · subprime · foreclosure

property

title

Formal honorific or name

  • deedWritten property conveyance
  • landEarth's solid surface
  • parcelWrapped item for shipping

estate · homestead · freehold · leasehold · tenure · encumbrance · equity · appraisal · assessment · dwelling

transaction

lender

One who loans money

closing · conveyance · escrow · recording · settlement · title search · title insurance · realtor · brokerage · disclosure

Categories
Opposites
transactional role in mortgage

mortgagormortgagee

Holder of property lien

lender · creditor · mortgage holder · lending institution · bank

Phrases
Family

mortgage, mortgages, mortgaged, mortgaging, mortgagee, mortgagees, remortgaged, mortgager, remortgage

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