Mortgagor example sentences

Related (7): borrower, homebuyer, debtor, obligor, landowner, pledger, encumbrancer

"Mortgagor" Example Sentences

1. The mortgagor has defaulted on their payments.
2. The mortgagor was unable to secure a loan for the downpayment.
3. A mortgagor is responsible for maintaining the property.
4. The mortgagor's credit score played a role in the interest rate.
5. The mortgagor transferred ownership of the property to another person.
6. The mortgagor can request a change in payment schedule.
7. The mortgagor paid off their loan in full.
8. The mortgagor is entitled to the property once the loan is paid off.
9. The mortgagor may choose to refinance the loan.
10. The mortgagor relied on the assistance of a broker.
11. The mortgagor agreed to the terms of the loan agreement.
12. The mortgagor is responsible for any repairs needed.
13. The mortgagor has the right to sell the property.
14. The mortgagor was late on their payment and incurred fees.
15. The mortgagor was in danger of foreclosure.
16. The mortgagor's income was verified for loan approval.
17. The mortgagor received a notification from the lender.
18. The mortgagor was required to provide proof of insurance.
19. The mortgagor is expected to make payments on time.
20. The mortgagor negotiated a lower interest rate.
21. The mortgagor entered into a mortgage forbearance agreement.
22. The mortgagor missed several payments and was in default.
23. The mortgagor refinanced their loan with another lender.
24. The mortgagor received assistance from a government program.
25. The mortgagor was able to negotiate a loan modification.
26. The mortgagor paid off the loan early.
27. The mortgagor was unaware of some of the fees associated with the loan.
28. The mortgagor obtained a second mortgage to cover expenses.
29. The mortgagor's property was subject to a lien.
30. The mortgagor was relieved to have their loan approved.

Common Phases

1. The mortgagor is responsible for making timely payments;
2. The mortgagor must maintain the property in good condition;
3. The mortgagor may be required to obtain mortgage insurance;
4. The mortgagor has the right to refinance the mortgage at any time;
5. The mortgagor may be subject to foreclosure if they default on payments.

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