What is a mortgagee?

Mortgagee Definition: The mortgagee is the party, financial company, bank, or individual that provides the money for the mortgage as a lender. A mortgagee can approve a loan for a business or residential property. They often require lots of information from the potential borrower to approve a loan, specifically for the purchase of property, such as employment, credit history, and other information.

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Other mortgage terms:

Mortgage Help Centre:

How to Get a Shared Equity Mortgage
How to Save for a Mortgage Down Payment
How to Get a Joint Mortgage
How to Use a Mortgage Calculator
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