Glossary of terms used on this site
There are 1 entries in this glossary.All
| Term | Definition |
|---|---|
| Conforming Loan |
Conforming loan amounts are mortgages up to $417,000 (up to $625,500 in certain high cost areas) that “conform” to Fannie Mae (Federal National Mortgage Association) or Freddie Mac (Federal Home Loan Mortgage Corporation) underwriting standards. |
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