Definition: a person who borrows money for buying property; a person who takes out a mortgage in order to buy property
Pronunciation: \ˌmȯr-gi-ˈjȯr\
Used in a Sentence: The mortgagor gave the mortgage as security along with a note as a promise to repay the loan.
Prepare for Your Real Estate Career in 2025: Start Now and Seize the Opportunity As we find ourselves in the final stretch of 2024, there's a palpable sense of urgency...
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