Skip to Content

Course Q&A

Ask clear questions about the Florida real estate course and learn from course-specific answers.

This question has been flagged
1 Reply
59 Views

Who is the mortgagor, and who is the mortgagee?

Staff Q&A from the 63Hours team.

Avatar
Discard

Discussion prompt: Who gives the security interest rather than the loan funds?

Best Answer

The mortgagor is the borrower giving the mortgage as security. The mortgagee is the lender receiving that security interest. The wording can feel backwards because the lender provides the money, but these labels follow the mortgage being given, not the cash. Identify the document first and the roles become easier to keep straight.

Avatar
Discard
Related Posts Replies Views Activity
1
Sep 26
100
1
Sep 26
96
1
Sep 26
98
1
Sep 26
96
1
Sep 26
105