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Mortgagee Financial Glossary

What is it? The lender in a mortgage loan transaction.

Finance Term Definition Added By: Brandon

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We hope you now understand the meaning of Mortgagee. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Equity is The market value of real property, less the amount of existing liens. Equity build-up is the reduction of principal on a mortgage or deed of trust by periodic payments, which increases (builds-up) the difference (equity) between the property value and amount of the lien.

Financial Term Bid is The lowest price anyone wants to sell the security for at a given time. (See Ask, and Bid-Ask Spread)

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