About MortgageLearn More

A mortgage is a contract whereby the debtor gives money to the creditor as collateral or guarantee. The mortgagor is called the mortgagor and the other party is called the mortgagor. The borrower is called "mortgagor". The lender is called "mortgagor". The money that is given as collateral is called "mortgagor". The mortgagor is the owner of the mortgage.