mortgagor

• Substantiv, das eine Person bezeichnet, die Geld leiht und zur Sicherung des Kredits eine Hypothek bestellt, meist zum Kauf einer Immobilie.

A noun referring to the person who borrows money and provides a mortgage as security for the loan, typically for purchasing property.

1. Borrower in a mortgage agreementC1formallegal

   The individual or entity that borrows money from a lender (mortgagee) and pledges property as collateral for the loan.

   Hypothekenschuldner

   • The mortgagor must make monthly payments to the bank.
   • If the mortgagor defaults, the lender can foreclose on the property.
   • The contract clearly outlines the responsibilities of the mortgagor.

   Synonymeborrowerdebtor

   Antonymemortgagee