Conforming Loan

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Conforming Loan

Updated

January 19, 2023

A conforming loan is a mortgage that fits the Federal Housing Finance Agency's (FHFA) dollar restrictions as well as the funding standards of Freddie Mac and Fannie Mae. Conforming loans are helpful for customers with excellent credit because of their low-interest rates.

Cumulative Interest

Creditworthiness

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Convertibility Clause

Conventional Loan

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