Mortgagor

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Mortgagor

In a mortgage, the party that borrows funds. The mortgagor must repay the amount borrowed to the mortgagee (which is usually a bank).
References in periodicals archive ?
Between 1995 and 2000, private sector renters and private sector mortgagers were the only groups to experience increases in the likelihood of having low residual income ratios.
Muratore is Managing Director of Flagler Financial Services of Palm Beach, FL, CEO of First Bankers Financial Services and Senior VP of Travelers Mortgagers Services.
US investment bible Barron's prompted the latest stock market rout for US mortgagers Freddie Mac and Fannie Mae, saying the Government might have to rescue the pair in a move likely to wipe out shareholders.
He went to the first mortgagers and told them he could run the properties better than they could, and that he would work for free.
Heavy fines when he was caught saw him in Fleet (debtors')Prison by 1616 with his lands taken by mortgagers, though was buried in Westminster Abbey''.