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conforming loan

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Financial Dictionary

Conforming Loan

A conventional mortgage under $203,150 that conforms to the loan amounts and mortgage guidelines used by Fannie Mae and/or Freddie Mac.

Investopedia Commentary

Conventional mortgages or conforming loans are classified as non-conforming or jumbo loans when the amount of the loan exceeds $203,150.

See also: Conventional Mortgage, Fannie Mae, Freddie Mac, Loan

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30 Year Fixed Home Loans
Refinance and get a lower rate now! Direct Lender Quicken Loans®
www.QuickenLoans.com
Conforming Loan
Searching for Conforming Loans? Visit our Conforming Loans Guide.
www.donnasmortgages.com
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Conforming Mortgage Loans
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www.LendingTree.com
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