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

Whether you have “foreclosed” or not, the property is virtually yours; the mortgagor has no equity in it.

From The Arena Volume 18, No. 93, August, 1897 by Various

The mortgagor is liable to the Government for the taxes, which amount to 1-1/2 to 2 per cent, per annum, so that he would really only receive 6 to 6-1/2 per cent, interest.

From A start in life. A journey across America. Fruit farming in California by Dowsett, C. F. (Charles Finch)

If there is a surplus after satisfying the mortgage debt it must be paid to the mortgagor, or, if he is dead, to his heir.

From Putnam's Handy Law Book for the Layman by Bolles, Albert Sidney

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