Mortgagee

[,mɔːgɪ'dʒiː] or [,mɔrɡɪ'dʒi]

(noun.) the person who accepts a mortgage; 'the bank became our mortgagee when it accepted our mortgage on our new home'.

Inputed by Gretchen--From WordNet

(n.) The person to whom property is mortgaged, or to whom a mortgage is made or given.

Inputed by Inez