Ace the Florida Real Estate Exam 2026 – Unlock Your Agent Superpowers!

The mortgagee is the entity or person that lends money to the borrower for the purpose of purchasing a property. The borrower is the individual who receives the loan while the lender is the one who provides the loan. The loan itself refers to the agreed upon amount of money between the borrower and the lender. The property is the physical asset being purchased with the loan. Therefore, the best option for the mortgagee is B, the lender.