Mortgagee
The lender or security holder under a mortgage.
Related terms
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Mortgage lender
The bank, building society, fund or other creditor that provides a mortgage and holds security over the property.
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Mortgage
A loan secured against property, giving the lender rights over the property if the borrower does not meet the agreed obligations.
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Mortgagor
The borrower or property owner who grants a mortgage over property as security for a debt.
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