mortgagor
noun
mort·gag·or ˌmȯr-gi-ˈjȯr 
variants or less commonly mortgager
ˈmȯr-gi-jər
: a person who mortgages property
Example Sentences
Recent Examples on the Web Anatoliy and Nataliya were listed in court records as mortgagors for a property that was part of a sheriff sale June 6, 2019. 
Anna Kim, chicagotribune.com, 20 Nov. 2019 The less home price appreciation, the higher probability of default the mortgagor will have. Aldo Svaldi, The Denver Post, 15 Feb. 2017
Anna Kim, chicagotribune.com, 20 Nov. 2019 The less home price appreciation, the higher probability of default the mortgagor will have. Aldo Svaldi, The Denver Post, 15 Feb. 2017 Word History
First Known Use
1543, in the meaning defined above
Legal Definition
mortgagor
noun
mort·gag·or ˌmȯr-gi-ˈjȯr
: a person who mortgages property