Mortgages Analyzed
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Lender
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What is Lender?

Definition
A person who lends a certain sum of money to a borrower against the borrower's promise to repay the principal money along with the interest and fees.
Other Names
Creditor; Mortgagee
Category
People

Related Terms

  • Mortgage Loan: A mortgage loan is a financial transaction where the lender agrees to lend a certain sum of money to the borrower against the promise and reasonable e... Read More
  • Borrowing: Borrowing is the act of obtaining money or equivalent from the lender against the promise to repay the principal money along with the interest and fee... Read More
  • Obligee: The lender in a mortgage transaction.... Read More
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