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mortgagor vs mortgagee real estate pepe unchain Bnb Eth XRP crypto futures coinbase futures binance futures

What is the difference between a mortgagee and a mortgagor?

A mortgagee is a lender and a mortgagor is a borrower. Here are the responsibilities and requirements for both in the mortgage process.

Is a mortgagor a lender or a borrower?

From that perspective, you might assume that the mortgagor is the one giving the loan to the mortgagee. And that would be a pretty sensible assumption. But as we now know, that’s not the case. It’s actually just the opposite: The mortgagor is the borrower, while the mortgagee is the lender.

Who is a mortgagee in a real estate transaction?

In a mortgage transaction, the lender serves as the mortgagee and the borrower is known as the mortgagor. A mortgagee is an entity that lends money to a borrower (also known as a mortgagor) for the purpose of purchasing real estate.

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