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Mortgagee and Mortgagor

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Definition of Mortgagee and Mortgagor

Mortgagee And Mortgagor Image 1

Mortgagee and Mortgagor

The lender is the mortgagee and the borrower is the mortgagor.



Related Terms:

Borrower (Credit Insurance)

A consumer who borrows money from a lender.


Lender (Credit Insurance)

Individual or firm that extends money to a borrower with the expectation of being repaid, usually with interest. lenders create debt in the form of loans. lenders include financial institutions, leasing companies government lending agencies and automobile dealers.



 

 

 

 

 

 

Related to : home, mortgage, insurance, homebuyer, real estate, property, buy home, home insurance, financing, home financing, home buyer, first time homebuyer, homes, homebuying, credit, condo.


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