Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun One that mortgages property, usually the nominal owner entitled to use of the property.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun Alternative spelling of
mortgager .
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun the person who gives a mortgage in return for money to be repaid
Etymologies
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Examples
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In the case of a non-recourse mortgage, the mortgagor is promising the bank that he will EITHER repay the loan OR give the bank the house.
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In the case of a non-recourse mortgage, the mortgagor is promising the bank that he will EITHER repay the loan OR give the bank the house.
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Moreover, formalities of law, evidenced by documents and red seals, have firmly planted in our minds the idea that the condition of being a mortgagor is not one to be entered into lightly.
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Moreover, formalities of law, evidenced by documents and red seals, have firmly planted in our minds the idea that the condition of being a mortgagor is not one to be entered into lightly.
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[A] In a bill brought by a mortgagee agaiust the heir of a mortgagor to foreclose, it was objected, that the executor of the mortgagor ought to be a paity, because it did uot appear but that he might have paid the debt.
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If you can’t find one, call the mortgagor and ask for the phone number of the person to whom he or she makes the second-mortgage payment.
MORE WEALTH WITHOUT RISK CHARLES J. GIVENS 1995
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If you can’t find one, call the mortgagor and ask for the phone number of the person to whom he or she makes the second-mortgage payment.
MORE WEALTH WITHOUT RISK CHARLES J. GIVENS 1995
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A mortgagor owes the obligation secured by the mortgage.
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Mr. CHARLIE GREEN (Clerk of Courts, Lee County): Did you make your payment in a timely manner and have you been a good mortgagor?
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Mr. CHARLIE GREEN (Clerk of Courts, Lee County): Did you make your payment in a timely manner and have you been a good mortgagor?
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