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Tag: mortgagor

Mortgagor

July 6, 2017 by: Content Team

A mortgage is security for a loan that is given to a borrower who needs the money to purchase or refinance a home. The mortgagor is the borrower who makes payments to the lender, in return for the lender lending him the money. The mortgage is not the act of loaning the money to the borrower, but is the security […]

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