mkay66
No thanks, mine is paid.
3 Answers
daren1
Chiangmai
You NEVER pay your mortgage. You PAY the loan to the financial institution.
A mortgage is some written instrument you sign pledging your house as collateral and agree to abide by the covenants set forth by the lender.
A person pledging the house as collateral is a Mortgagor (one who gives or giver or mortgagor). The bank then becomes the entity that receives your mortgage, or pledge, or a Mortgagee (one to receive ends is "ee"). Do NOT confuse the two.
| 14 years ago. Rating: 2 | |
dunc
Top contributors in Renting & Real Estate category
Unanswered Questions
sc88goldd
Answers: 0
Views: 6
Rating: 0
Rikvip1innetvn
Answers: 0
Views: 9
Rating: 0
nohuwin tech
Answers: 0
Views: 9
Rating: 0
Nhà Cái Vua88
Answers: 0
Views: 14
Rating: 0
Nhà cái Red88
Answers: 0
Views: 9
Rating: 0
UK88 CO
Answers: 0
Views: 10
Rating: 0
Bet168aeorg
Answers: 0
Views: 10
Rating: 0
go8monster1
> More questions...
Answers: 0
Views: 10
Rating: 0