mortgagor

noun

mort·​gag·​or ˌmȯr-gi-ˈjȯr How to pronounce mortgagor (audio)
variants or less commonly mortgager
: a person who mortgages property

Examples of mortgagor in a Sentence

Recent Examples on the Web
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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

Word History

First Known Use

1543, in the meaning defined above

Time Traveler
The first known use of mortgagor was in 1543

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 How to pronounce mortgagor (audio)
variants also mortgager
: a person who mortgages his or her property

Legal Definition

mortgagor

noun
mort·​gag·​or ˌmȯr-gi-ˈjȯr How to pronounce mortgagor (audio)
: a person who mortgages property
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