What Is a Mortgagee?
A mortgagee is a lender, specifically an entity that loans money to a borrower to purchase real estate. In a mortgage transaction, the lender is known as the mortgagee, while the borrower is known as the mortgagor.
A mortgagee is a lender, specifically an entity that loans money to a borrower to purchase real estate. In a mortgage transaction, the lender is known as the mortgagee, while the borrower is known as the mortgagor.
Conventional, VA, FHA, etc. What does it mean?
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