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mortgagor
(redirected from mortgagors)

   Also found in: Legal, Financial, Encyclopedia 0.01 sec.
mort·ga·gor  (môrg-jôr, môrg-jr) also mort·gag·er (môrg-jr)
n.
One that mortgages property.

mortgagor [ˈmɔːgɪdʒə ˌmɔːgɪˈdʒɔː], mortgager
n
(Law) Property law a person who borrows money by mortgaging his property to the lender as security

mortgagor
a person who mortgages property or gives the property as security; the borrower in a mortgage transaction.
See also: Property and Ownership
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.mortgagor - 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"
debitor, debtor - a person who owes a creditor; someone who has the obligation of paying a debt
Translations
mortgagor [ˈmɔːrgɪdʒər] nemprunteur/euse m/f (sur hypothèque)
mortice lock [ˈmɔːrtɪslɒk] nserrure f encastrée
mortgagor
nHypothekenschuldner(in) m(f)
mortgagor [ˈmɔːgɪdʒəʳ] ndebitore m ipotecario


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Many times these foreclosure proceeding are abused by the mortgagors for their personal gains.
It breaks the population into four groups, splitting it into tenants and three different types of homeowners: outright owners, low LTV mortgagors (people whose mortgage is worth 75% or less of the value of their property) and high LTV mortgagors (people whose mortgage is worth more than 75% of the value of their property).
Today, the Bulletin reports, about 40% of mortgagors said they had more than ?
 
 
 
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