Exam term
Conforming loan
A loan that meets applicable Fannie Mae or Freddie Mac purchase standards. Conforming and conventional describe different features.
Lessons that use this term
- Conventional loans and private mortgage insurance Florida
- The primary and secondary mortgage markets Florida
- Types of mortgages and loans New York
- Methods and sources of financing: mortgage and seller financing, primary and secondary markets Texas
- Lender requirements: conventional, FHA, VA, and USDA loans, LTV, and mortgage insurance Texas