Do you know the difference between Mortgagor Vs Mortgagee?
Many homebuyers are not clear on the difference between the mortgagee and the mortgagee. It’s easy to get confused because some of the terms in mortgage agreements are used interchangeably. For example, the term mortgagor may also be referred to as grantor or consignor. The distinction between the mortgagee and the mortgagee is that the first refers to the individual […]
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