mortgagor

  • A person who borrows money from a mortgagee to purchase property. The mortgagor receives legal title to the property from the mortgagee when the loan is satisfied.

    Oregon Secretary of State Archives Division 1

1Oregon Secretary of State Archives Division, Oregon Historical County Records Guide: Glossary of Terms, http://­www.sos.state.or.us/­archives/­county/­cpglossary.html (last accessed May 27, 2009).