What Are The Parties Involved With A Mortgage?

By on July 13, 2015

Getting a mortgage is a complicated process. There are two parties involved in making them happen, and it can be a little confusing when reading the legal documents and determining who is who. Basically, it boils down to you (the mortgagee) and your lender, which is probably a bank or a broker (the mortgagor). Check out this post by for more info: The mortgagor owns the property, and the mortgagee owns the mortgage.

Read the source article at LoanShak

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