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Borrower
Borrower(s) refers to the person(s) that is/are taking the home loan from the Bank. All owner(s) of the pledged property (mortgage) is/are borrowers.
Mortgagor
Mortgagor(s) refers to the owner(s) of the pledged property (mortgage). All owner(s) must be borrowers of the loan.
Guarantor
Guarantor refers to the person who agrees to be responsible for another person's mortgage in case of default.
我再回去翻翻我家的合同看看这几个的名词解释。.
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