Home / Glossary Term / mortgagor

mortgagor

A person who borrows money and signs a mortgage as security. The money is often lent to buy something valuable, such as real estate, and the mortgage is a debt over that property.

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The Fitzroy Legal Service is located on the traditional country of the Wurundjeri-willam people of the Kulin Nation. We acknowledge them as the Traditional Owners and pay our respects to their Elders, past and present.

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