What is a defaulting mortgager?

MyProperty Namibia
Namibia's #1 independent property portal

When a person (mortgagor) borrowed money from a financial institution (bank) to buy a property, breaches (default) the loan agreement (mortgage), which may lead to the sale of that property.

Real Estate Tools
Property Law
Contact our partner attorneys with your conveyancing and property law questions
Bond Calculator
Calculate the estimated repayments on a home loan and savings with extra payments