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Q: What is an accomodation mortgagor?
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Is the lender the mortgagor?

no


Is the mortgagor the lender?

yes


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What are synonyms for debtor?

borrower, mortgagor


What is the difference between mortgagor and mortgagee?

A mortgagor is a borrower named in a specific mortgage instrument. A mortgagee is the lendor in a mortgage instrument, who has takes (property) security for the sum lent, and may force conveyance of title if the mortgagor defaults on the mortgage re-payments.


In Texas if a mortgagee Buyer leaves the home and the mortgagor Lender has no way of contacting the mortgagee can the mortgagor take house because of abandonment?

The borrower is the mortgagor. The lender is the mortgagee. Generally, if the mortgagor doesn't pay the mortgage the lender can foreclose as long as they reserved the right to do so in the mortgage document. Generally, legal title to real estate does not pass through abandonment.


A borrower in a mortgage transaction is called?

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Will a mortgagor be charged any fees by the lender if the mortgagor acquires additional adjoining property through a quit claim deed?

If the mortgagor (the person who borrowed money from a bank) acquires additional land after they have executed a mortgage, the additional land is not affected by the mortgage nor does it affect the existing mortgage. The lender has no interest in the newly acquired land unless the mortgagor executes a new mortgage that covers it.


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