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Mortgagor and mortgagee are two of the most commonly confused terms on the real estate exam, and mixing them up can cost you easy points. This video clearly explains who is borrowing, who is lending, and how these roles connect to the promissory note, the mortgage instrument, and key loan clauses that show up in exam questions. You will learn how mortgage terminology actually works in real transactions so you can instantly recognize the correct answer on test day. Strong exam performance comes from understanding concepts instead of memorizing vocabulary. When you truly grasp how mortgages are structured and who holds which rights and responsibilities, tricky questions become simple. Stay focused, study smarter, and build real exam confidence by preparing with PassBuddy.com today.