{"id":5082,"date":"2018-10-13T10:45:53","date_gmt":"2018-10-13T14:45:53","guid":{"rendered":"https:\/\/www.zolo.ca\/news\/?post_type=encyclopedia&#038;p=5082"},"modified":"2021-08-03T14:10:06","modified_gmt":"2021-08-03T18:10:06","slug":"mortgagee","status":"publish","type":"encyclopedia","link":"https:\/\/www.zolo.ca\/blog\/glossary\/mortgagee","title":{"rendered":"Mortgagee"},"content":{"rendered":"<p>Mortgagee is a term used to describe the person who borrows money from a lender to buy property. A mortgagee borrows funds, where as a mortgagor is the lender.<\/p>\n<p>Typically, a mortgagee is any individual or persons who borrows money from a mortgagor to finance a home purchase. Typically, mortgagees are working adults who have a verifiable credit history, however, investors, businesses and corporations can also be mortgagees. The only requirement to be a mortgagee is that&nbsp;the person or entity is borrowing&nbsp;money from a lender to&nbsp;purchase a property.<\/p>\n","protected":false},"author":3,"template":"","meta":[],"class_list":["post-5082","encyclopedia","type-encyclopedia","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/encyclopedia\/5082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/encyclopedia"}],"about":[{"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/types\/encyclopedia"}],"author":[{"embeddable":true,"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/users\/3"}],"wp:attachment":[{"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/media?parent=5082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}