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CONVENTIONAL MORTGAGEA mortgage loan up to a maximum of 75% of the lending value of the property. Mortgage loan insurance is not required for this type of mortgage.
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CONVENTIONAL MORTGAGEAny mortgage which is not insured or guaranteed by a government agency such as HUD/FHA, VA, or the Farmers Home Administration.
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CONVENTIONAL MORTGAGEA traditional, real estate financing mechanism that is not backed by any government or other agency (FHA, VA, etc.).
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CONVENTIONAL MORTGAGERefers to home loans other than government loans (VA and FHA).
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CONVENTIONAL MORTGAGEDefinitions (2) 1. A mortgage in which the interest rate does not change during the entire term of the loan. also called Fixed-Rate Mortgage (FRM).
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CONVENTIONAL MORTGAGEA conventional mortgage is a housing loan that is generally on a fixed interest rate term (although it can be an adjustable rate which is relatively new) and which generally meets the Fannie Mae (Fede [..]
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CONVENTIONAL MORTGAGEsee mortgage
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CONVENTIONAL MORTGAGEA home mortgage that is neither FHA-insured nor VA-guaranteed. Conversion option
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CONVENTIONAL MORTGAGEA mortgage not obtained under a government insured program (such as FHA or VA).
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CONVENTIONAL MORTGAGELoans that depend on the borrower’s credit and on the mortgage’s collateral.
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CONVENTIONAL MORTGAGEA mortgage loan not insured by HUD or guaranteed by the Veterans' Administration. It is subject to conditions established by the lending institution and State statutes. The mortgage rates may var [..]
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CONVENTIONAL MORTGAGEThis refers to a fixed-rate, 30-year mortgage that is not insured by the government (FHA, Farmers Home Administration (FmHA) or Veterans Administration). In this mortgage the interest rate will not ch [..]
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CONVENTIONAL MORTGAGEA conventional mortgage is a document in which the owner uses the title to real property as security for a loan described in a promissory note. The mortgage must be signed by the owner (borrower/mortg [..]
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CONVENTIONAL MORTGAGEA loan neither FHA insured nor guaranteed by the VA. A loan approved under Fannie Mae or Freddiemac guidelines.
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CONVENTIONAL MORTGAGEA traditional, real estate financing mechanism that is not backed by any government or other agency (FHA, VA, etc.).
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CONVENTIONAL MORTGAGEA mortgage loan which does not exceed 75% of the appraised value or purchase price of the property, whichever is the lesser of the two. Mortgages that exceed this limit must be insured.
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CONVENTIONAL MORTGAGEA first mortgage — the principal amount of which cannot exceed 80% of the lesser of the appraised value of the property or the purchase price for the property.
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CONVENTIONAL MORTGAGEA conventional mortgage is not insured, guaranteed or funded by the Veterans Administration, the Federal Housing Administration, or Rural Economic Community Development.
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CONVENTIONAL MORTGAGEA mortgage that is not insured or guaranteed by the federal government.
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CONVENTIONAL MORTGAGEAny mortgage loan that is not insured by FHA, guaranteed by VA, of funded by a government authorized bond sale or grant.
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CONVENTIONAL MORTGAGEA traditional mortgage for up to 75 per cent of the appraised value of a property.
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CONVENTIONAL MORTGAGEA loan based on the credit of the borrower and on the collateral for the mortgage.
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