Business, Legal & Accounting Glossary
A person who lends money with a Mortgage over land as security.
The person who accepts a mortgage.
n. the person or business making a loan that is secured by the real property of the person (mortgagor) who owes him/her/it money.
The bank became our mortgagee when it accepted our mortgage on our new home.
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This glossary post was last updated: 28th April, 2020 | 0 Views.