What Are a Mortgagor’s Responsibilities? A Homeowner’s Guide
Buying a home is a major financial milestone—and for most people, that journey involves taking out a mortgage. If you’ve secured a home loan, you’ve taken on the role of a mortgagor—the borrower responsible for repaying the loan and maintaining the property. But what exactly are a mortgagor’s responsibilities? From making timely payments to protecting the value of your home, this guide explains everything you need to know in clear, simple terms. What Is a Mortgagor? A mortgagor is a person o
Buying a home is a major financial milestone—and for most people, that journey involves taking out a mortgage. If you’ve secured a home loan, you’ve taken on the role of a mortgagor—the borrower responsible for repaying the loan and maintaining the property.But what exactly are a mortgagor’s responsibilities? From making timely payments to protecti...
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