What is the meaning of BORROWER (MORTGAGOR)?

BORROWER (MORTGAGOR) is the person or company that receives money from a lender (often a bank, credit union or trust company) in exchange for a written promise to pay and a registered lien on property.

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APABarry Goldsmith. (2010). borrower (mortgagor). Retrieved September 22, 2026, from http://smartdefine.org/borrower_(mortgagor)/definitions/1148884
ChicagoBarry Goldsmith. 2010. "borrower (mortgagor)" http://smartdefine.org/borrower_(mortgagor)/definitions/1148884 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, borrower (mortgagor), Smart Define, viewed 22 September, 2026, <http://smartdefine.org/borrower_(mortgagor)/definitions/1148884>.
MLABarry Goldsmith. "borrower (mortgagor)" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/borrower_(mortgagor)/definitions/1148884>