A home mortgage that complies with lending parameters set forth by Fannie Mae and Freddie Mac governing maximum loan amount, down payment amount, income requirements, and credit rating. Conforming mortgages are packaged and traded as securities. Because all mortgages in this category must meet specific guidelines, they are considered low risk - making the securities products based on such mortgages lower risk as well.
Related information about conforming mortgage:
- Non-conforming mortgage - Wikipedia, the free encyclopedia
A non-conforming mortgage is a term in the United States for a residential mortgage that does not conform to the loan purchasing guidelines set by the Federal ...
- Conforming loan - Wikipedia, the free encyclopedia
In the United States, a conforming loan is a mortgage loan that conforms to GSE guidelines. In general, any loan which does not meet guidelines is a ...
- Conforming Mortgage Loans | Conforming Loan Limits | The Truth ...
Conforming mortgage loans, which can be purchased by Fannie Mae and Freddie Mac have loan amount limits.
- What Is a Conforming Mortgage? | Home Guides | SF Gate
A conforming mortgage is one that the government-sponsored enterprises (GSEs ) Fannie Mae and Freddie Mac are willing to buy, because it conforms to the ...
- Super Conforming Mortgages - Freddie Mac
LTV/TLTV/HTLTV Ratio Requirements. All super conforming mortgages must be originated in accordance with our super conforming mortgage LTV/TLTV/HTLTV ...
- Conforming Mortgages - The Mortgage Reports
HARP 2 has celebrated its one-year anniversary. Program queries are weighted toward ultra-high LTV households. See the breakdown by loan-to-value range.
- New Mortgage Limit May Set Buyers Back - NYTimes.com
Aug 26, 2011... would already be given a jumbo mortgage rate, which is typically about half a point higher than the rate for a conforming mortgage and could ...
- Oct. 1: Conforming Mortgage Limit Changes from $729,750 to - Zillow
Sep 28, 2011 ... If you happen to live in one of the more expensive regions of the country, take note. Come October 1, the temporarily elevated conforming loan ...