MORTGAGOR Crossword Clue

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Crossword Puzzle Infos
Mortgagor is a term used in the context of real estate and finance. It refers to a person or entity who has taken out a loan secured by a mortgage on a property. The mortgagor is the borrower and the lender is the mortgagee. The mortgagor is responsible for repaying the loan, including interest and other fees, according to the terms of the mortgage agreement. The mortgagor also has certain rights under the mortgage agreement, such as the right to occupy the property and the right to receive notice of any foreclosure proceedings.
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