What Does Mortgagee Mean?

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What does Mortgagee mean? Read on to discover the definition & meaning of the term Mortgagee - to help you better understand the language used in insurance policies.

Mortgagee

Mortgagee

The party loaning money toward the purchase of personal property, such as a bank or other lending institution.

We hope the you have a better understanding of the meaning of Mortgagee.

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