Apr 20 , 2016

Tampa School of Real Estate

Mortgagor

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.

M