mortgagor
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
What really gives FHA insured mortgages distinction is that not only must the mortgagor and the servicing agent be approved but the mortgagee who puts up the funds must also pass muster.
From Time Magazine Archive
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Taking into consideration the respective characters of the mortgagor and mortgagee, men shake their heads, and say that Darke will soon own the Armstrong plantation.
From The Death Shot A Story Retold by Reid, Mayne
It is usual for the mortgagor to insure the property for the benefit of the mortgagee.
From Up To Date Business Home Study Circle Library Series (Volume II.) by Eaton, Seymour
On the other hand a somewhat different rule applies between mortgagor and mortgagee.
From Putnam's Handy Law Book for the Layman by Bolles, Albert Sidney
The mortgagor in most states is regarded as the real owner and remains in possession; and the mortgagee has a lien, or security for his advance of money or whatever it may be.
From Putnam's Handy Law Book for the Layman by Bolles, Albert Sidney