|
||
|
||
| Home | Ask Your Question | Mortgage Glossary | ||
Conventional loanConventional
mortgage - a mortgage
not insured by FHA
or guaranteed by the VA.
A convention loan may be conforming
or non-conforming.
|
|
||||||
|
|
>>>> |
 |
<<<< | ||||
Books about: |
|||||||
|
|
Search More Info On: |
|
|
Related Mortgage Definitions: Conventional Loan Conventional loan Conventional mortgage - a mortgage not insured by FHA or guaranteed by the VA. A convention loan may be conforming or non-conforming. ... more... For Sale By Owner, FSBO FSBO FSBO (pronounced Fizz-Bo) is shorthand for "For Sale By Owner". A property and/or person that is marketed by the owner without the assistance of a conventional real estate broker. FSBOs account for approximately 20 percent of all real estate transactions. ... more... Standard Uniform Loan Application, Form 1003 Standard Uniform Loan Application, Form 1003 A standard loan application widely used in the mortgage industry. Lenders use Fannie Mae Form 1003 to record relevant financial information about an applicant who applies for a conventional one- to four-family mortgage. Download ... more... Freddie Mac Freddie Mac Federal Home Loan Mortgage Corporation (FHLMC) also called "Freddie Mac" - a quasi-governmental, federally sponsored organization that acts as a secondary market investor to buy and sell mortgage loans. FHLMC sets many of the guidelines for conventional ... more... |
||
