Noun
the person who accepts a mortgage
Source: WordNetthe bank became our mortgagee when it accepted our mortgage on our new home Source: Internet
Boss is also the chief of the Hazzard Fire Department and the owner of or primary mortgage holder on most of the places in the county, including the Boar's Nest, Rhubottem's Store, Cooter's garage and the Duke Farm. Source: Internet
When mortgage holder Covanta Energy (the former Ogden Entertainment) went into receivership in 2001, Terrace was expected to pay off the entire debt. Source: Internet