Dictionary:
mort·ga·gor (môr'gĭ-jôr', môr'gĭ-jər) also mort·gag·er
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| 5min Related Video: mortgagor |
| Investment Dictionary: Mortgagor |
An individual or company who borrows money to purchase a piece of real property. By granting the lender an interest in the property, which allows it to lend the funds with an accurate assessment of risk, the mortgagor provides the lender with a guarantee for the full repayment of the loan. Also known as a "chargor".
Investopedia Says:
For most homebuyers, becoming a mortgagor is a necessary for owning a home. Because the real property in question is offered as security for the loan, the lender can claim its interest in the property in the event the loan is not repaid. This decreased risk allows homebuyers to borrow funds at much lower interest rates.
Related Links:
We walk through the steps needed to secure the best loan to finance the purchase of your home. Understanding Your Mortgage
Answering this means number-crunching as well as factoring in other considerations and expenses. Mortgages: How Much Can You Afford?
It starts with knowing your choices as well as your price range. We show you how to get there. Shopping For A Mortgage
Both of these have advantages and disadvantages depending on your financial needs and prospects. Mortgages: Fixed-Rate Versus Adjustable-Rate
| Banking Dictionary: Mortgagor |
Borrower in a mortgage contract who mortgages the property in exchange for a loan and gives the title to the property to the Mortgagee.
| Real Estate Dictionary: Mortgagor |
| Architecture: mortgagor |
| Law Dictionary: Mortgagor |
The party borrowing money from a bank or other lending agency, who secures the loan with property the party owns in whole or in part.
| Translations: Mortgagor |
Dansk (Danish)
n. - pantsætter, pantedebitor, panteskyldner
Nederlands (Dutch)
hypotheekgever
Français (French)
n. - débiteur hypothécaire
Deutsch (German)
n. - Hypothekenschuldner
Ελληνική (Greek)
n. - (νομ.) ενυπόθηκος οφειλέτης
Italiano (Italian)
debitore ipotecario
Português (Portuguese)
n. - devedor hipotecário (m)
Русский (Russian)
должник по закладной
Español (Spanish)
n. - deudor hipotecario
Svenska (Swedish)
n. - inteckningsgäldenär
中文(简体)(Chinese (Simplified))
抵押人
中文(繁體)(Chinese (Traditional))
n. - 抵押人
العربيه (Arabic)
(الاسم) الراهن لعقار ما
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| Mortgagee | |
| Co-Mortgagor (business term) | |
| Mortgage Insurance Premium (insurance term) |
| What would the mortgagee regiment be for the mortgagor? | |
| Mortgagor mortgages the property to the mortgagee? | |
| What are the rights and liabilities of a mortgagor? |
Copyrights:
![]() | Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved. Read more | |
![]() | Investment Dictionary. Copyright ©2000, Investopedia.com - Owned and Operated by Investopedia Inc. All rights reserved. Read more | |
![]() | Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more | |
![]() | Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved. Read more | |
![]() | Architecture. McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc. All rights reserved. Read more | |
![]() | Law Dictionary. Law Dictionary. Copyright © 2003 by Barron's Educational Series, Inc. All rights reserved. Read more | |
![]() | Translations. Copyright © 2007, WizCom Technologies Ltd. All rights reserved. Read more |
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