mortgager
/ˈmɔrɡɪdʒər/
noun
- A person who borrows money from a lender to buy property and who gives the lender a legal claim to that property until the loan is repaid. (Less common spelling of 'mortgagor'.)
- As a mortgager, you must make monthly payments to the bank.
- The mortgager was responsible for keeping the property insured.
- The mortgager signed the agreement to buy the house.