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mortgagor
noun
mort·gag·or
ˌmȯr-gi-ˈjȯr
variants
or less commonly mortgager
: a person who mortgages property
Examples of mortgagor in a Sentence
Recent Examples on the Web
Those payments must be made, and kept current, by the reverse mortgagor (the homeowner) from his or her own resources.
—Annie Lane, oregonlive, 21 Nov. 2022
Anatoliy and Nataliya were listed in court records as mortgagors for a property that was part of a sheriff sale June 6, 2019.
—Anna Kim, chicagotribune.com, 20 Nov. 2019
The less home price appreciation, the higher probability of default the mortgagor will have.
—Aldo Svaldi, The Denver Post, 15 Feb. 2017
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Word History
First Known Use
1543, in the meaning defined above
Dictionary Entries Near mortgagor
Cite this Entry
“Mortgagor.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/mortgagor. Accessed 5 Nov. 2024.
Kids Definition
mortgagor
noun
mort·gag·or
ˌmȯr-gi-ˈjȯ(ə)r
variants
also mortgager
: a person who mortgages his or her property
Legal Definition
mortgagor
noun
mort·gag·or
ˌmȯr-gi-ˈjȯr
: a person who mortgages property
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