The borrower - the person concerned for taking the real estate by paying

The borrower - the person concerned for taking the real estate by paying a part of the total money on a contract basis - is often called the .....; s/he then pledges real property to the lender, which is usually put forward in the shape of a security against the debt for the rest of the value of the property. (*) debtor (*) lendee (*) lessee (*) mortgager


This is a companion discussion topic for the original entry at https://english.best/questions/10280,the-borrower-the-person-concerned-for-taking-the-real-estate-by-paying-a-part-of-the-total-money-on-a-contract-basis-is-often-called-the-___-she-then-pledges-real-property-to-the-lender-which-is-usually-put-forward-in-the-shape-of-a-security-against-the-debt-for-the-rest-of-the-value-of-the-property/
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Again, I’m hesitated between, debtor and lendee. I 'll choose debtor. Both are out.

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The person or party who borrows money by using real estate as credit security or collatoral on the loan is called a β€˜mortgager’ or β€˜mortgagor’.

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Banks do that…

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