Mortgagor
Direct definition
The borrower in a mortgage transaction — the party pledging the property as security.
Written by the Vabasso Mortgage Editorial Team · Reviewed against agency and federal sources · Read our editorial policy for how we research and review mortgage content
Plain-English explanation
Mortgagor = borrower. The lender is the mortgagee.
Why it matters
Legal documents and title records use these terms to identify the parties.
Where you may see it
- Mortgage document
- Closing Disclosure
- Deed of trust
A real-world example
The deed of trust names you as mortgagor and the lender as mortgagee.
Educational and illustrative only
A common misunderstanding
The mortgagor is the borrower, not the lender — the term is often mixed up with 'mortgagee.'
Ask Vabasso AI
This glossary provides general educational information. Mortgage terminology, qualification methods, forms, timelines, fees, program rules, and legal meanings may vary by lender, investor, loan program, property, occupancy, state, and transaction. Definitions do not represent loan approval, legal advice, tax advice, or a commitment to lend.
- Author
- Vabasso Mortgage Editorial Team
- Reviewed by
- Vabasso Mortgage Licensed Advisory Team
- Last reviewed
- July 30, 2026