Keyword Analysis & Research: mortgagee

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Frequently Asked Questions

What are the obligations of a mortgagee?

The most common obligations a mortgagor will have under a mortgage are as follows: Payment of all amounts due under the loan agreement: The mortgagor will have to pay to the lender all amounts due under the loan agreement. This will include the principal loan amount, any interest, any fees, any costs and expenses and any indemnity payments.

What is a mortgagor vs. mortgagee?

As nouns the difference between mortgagor and mortgagee. is that mortgagor is while mortgagee is one who provides a loan secured upon the borrowers' property, the lender in a mortgage agreement.

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