mortgager in a sentence
n.
📚 Grade Level: Grade 11, Grade 12
Definition
Mortgager: a person or entity that borrows money from a lender, using real property as collateral for a mortgage.
Crossword clues for mortgager
Crossword clue ideas and answer hints for the word "mortgager".
- Borrower using property as loan security
- Individual taking out a home loan
- Person who pledges real estate for a loan
- Entity securing funds with property collateral
- Home buyer with financial obligations to a lender
Mortgager sentence examples
- The mortgager must provide proof of income to qualify for a loan.
- During the meeting, the mortgager expressed concerns about rising interest rates.
- A mortgager is legally bound to make timely payments to avoid foreclosure.
- The bank requires the mortgager to sign various documents before finalizing the agreement.
- As a first-time buyer, the mortgager was excited to close on their new home.