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Legal & Process

Mortgagor

The borrower in a mortgage arrangement — gives security to the lender.

What is Mortgagor?

The mortgagor is the borrower — the party taking out the home loan and granting a mortgage to the lender as security. Easy memory trick: the mortgagor is the one giving the mortgage; the mortgagee is the one receiving it.

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Related terms

The lender in a mortgage arrangement — holds security over the property.

Legal & Process

The legal charge on title; the home loan is the debt itself.

Home Buying Basics
Last updated: April 2026