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Trident Financial & Mortgage Consulting Inc.
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    • Home
    • Services
    • Why Choose Us
    • Mortgage Inquiry
    • FAQ'S
    • Contact Us
    • Useful Resources
      • Mortgage Calculator
      • Legal Inquiry
      • Useful Resources
    • Online Store
Trident Financial & Mortgage Consulting Inc.
  • Home
  • Services
  • Why Choose Us
  • Mortgage Inquiry
  • FAQ'S
  • Contact Us
  • Useful Resources
    • Mortgage Calculator
    • Legal Inquiry
    • Useful Resources
  • Online Store

WE'RE HERE TO HELP YOU SIMPLFY YOUR FINANCIAL GOALS & OBJECT

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UseFUL TERMS

What is a Mortgage

What is a Mortgage

What is a Mortgage

This is a  legal document implementedby an owner of real estate by which the property is

given as security for a payment of a debt.

Who is a Mortgagee

What is a Mortgage

What is a Mortgage

The Seller of the property who receives the monthly payments and holds the

mortgage contract as security.

Who is a Mortgagor

What is a Mortgage

Who is a Mortgagor

The owner of the real estate. Also the borrower making monthly payments to the

mortgagee.

Trustee

Trustee

Who is a Mortgagor

The person who holds property in trust for another to secure the performance of an

obligation. An example of a trustee would be a title company or attorney.

Trustor

Trustee

Trustor

The person who conveys property in trust. One who deeds his property to a trustee

to be held as security until he has performed under the terms of a deed of trust.

Payor

Trustee

Trustor

The person who makes the monthly payments to fulfill the terms of a note. It is also the mortgagor with a mortgage contract or a Trustor with a trust deed.

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