mortgager
1
7.4
- noun
- /ˈmɔːrɡɪdʒər/
- Specialized
:
deudor hipotecario
- The mortgager was relieved to finally secure the loan needed to buy their first home.
Examples
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The mortgager knew the risks of the loan defaulting (whether or not it was expected), and Lindsay knew what would happen if she owed more than the house was worth (whether or not it was expected).
Blog text (15) -
Second mortgagers are doing this because they lose their entire equity in the foreclosure process.
Blog text (2) -
Home buyers can pay cash rapidly for properties that are foreclosed or going to be foreclosed, thereby assisting the mortgager in easing his or her stress.
Blog text (26) -
That would be business idiocy, which is why private mortgagers got such flak when it turned out they were doing exactly that in order to have mortgages to bundle and resell.
Blog text (2) -
Foreclosure, as the name suggests, indicates a circumstance in which a homeowner or mortgager is unable to make payments of principal and/or interest on his or her mortgage, so the lender, be it a bank or financier, can confiscate and sell the house as per the terms of the mortgage contract.
Blog text (26) -
Before signing the agreement, the mortgager carefully reviewed the terms and conditions of the mortgage.
-
As a mortgager, she understood the importance of making monthly payments to avoid foreclosure.
Synonyms
86
2.3
A person who takes money or things and plans to give them back
1
7.9
A person who borrows money using their home or property as security for the loan
Antonyms
Surface Forms
Morphology
Etymology
Mortgager comes from mortgage, which comes from old parts mort 'dead' and gage 'pledge'. The idea of a 'dead pledge' was that the promise ends when the loan is paid, or the lender keeps the house if it is not, so a mortgager is the person who gives their home as that pledge to borrow money.