we became mortgagors when the bank accepted our mortgage and loaned us the money to buy our new home.
Examples of mortgagor
mortgagor
Typically, a shipowner might assign the benefit of a policy to the ship-mortgagor.
From the en.wikipedia.org
Why in the world would banks want to foreclose on any legitimate mortgagor?
From the washingtontimes.com
As long as nominal prices hold up, both mortgagor and mortgagee are happy.
From the guardian.co.uk
A mortgagor is the borrower in a mortgage-he owes the obligation secured by the mortgage.
From the en.wikipedia.org
Upon default, the mortgagee proceeds against lot A first, the mortgagor.
From the en.wikipedia.org
A commitment in writing from the existing mortgagor is your best bet.
From the theepochtimes.com
A mortgagor is one who borrows to buy, the mortgagee is the lender.
From the guardian.co.uk
The town became a mortgagor, McCarthy said, in lieu of the developer paying a $40,000 penalty.
From the timesunion.com
The borrower, known as the mortgagor, gives the mortgage to the lender, known as the mortgagee.
From the en.wikipedia.org
More examples
The person who gives a mortgage in return for money to be repaid; "we became mortgagors when the bank accepted our mortgage and loaned us the money to buy our new home"
(mortgaged) burdened with legal or financial obligations; "his house, his business, indeed, his whole life was heavily mortgaged"
A mortgage is a security interest in real property held by a lender as a security for a debt, usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. ...
Alternative spelling of mortgager
The borrower in a mortgage agreement.
The one who gives a mortgage as security for a debt; the borrower; usually the landowner; the borrower or debtor who hypothecates or puts up his property as security for an obligation.
The person who borrows the money using a mortgage.
The property owner borrowing the money, secured by a mortgage.
The entity that borrows money in a real estate transaction.