Back to Glossary
Mortgagee
Updated
January 19, 2023
A mortgagee is a lender: specifically, an entity that loans money to a borrower to purchase real estate. The lender is known as the mortgagee in a mortgage transaction, while the borrower is known as the mortgagor.
Related Topics
What Is a Property Tax Lien
What Is an Adjustable Rate Mortgage (ARM)?
Navigating the Process of Mortgage Modification
What Is Non-Recourse Lending?
What Is a Short Sale?
When Is the First Mortgage Payment Due?
What Does Foreclosure Mean?
What Is a HELOC Loan?