The mortgagor has the unrestricted right to sell,assign,or transfer the mortgage to a third party.

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Cheryn Jesica · Accepted Answer

Final Answer : False, Explanation :  The mortgagor (borrower) does not have the unrestricted right to sell, assign, or transfer the mortgage itself to a third party without the consent of the mortgagee (lender), as the mortgage is a lien on the property securing the loan made by the lender to the borrower.

The mortgagor has the unrestricted right to sell,assign,or transfer the mortgage to a third party.

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