mortgager in a sentence
n.
Definition
Mortgager: a person or entity that borrows money from a lender, using real property as collateral for a mortgage.
Sample Sentences
- The mortgager must provide proof of income to qualify for a loan.
- During the meeting, the mortgager expressed concerns about rising interest rates.
- A mortgager is legally bound to make timely payments to avoid foreclosure.
- The bank requires the mortgager to sign various documents before finalizing the agreement.
- As a first-time buyer, the mortgager was excited to close on their new home.
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