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Why Choose A Conventional Loan?
There is no one standard set of standards that borrowers must meet in order to obtain a conventional loan because the term "conventional loans" encompasses a wide variety of distinct rules. On the other hand, the credit standards for best conventional home loans are often more stringent than those for government-backed loans such as FHA.
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Why Choose A Conventional Loan?. The term “conforming loan” refers to a… | by Mortgage Miracles Happen LLC | Jul, 2022 | Medium
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Why Choose A Conventional Loan?. The term “conforming loan” refers to a… | by Mortgage Miracles Happen LLC | Jul, 2022 | Medium

The term “conforming loan” refers to a conventional mortgage loan and simply indicates that the loan satisfies the criteria Fannie Mae or Freddie Mac set out. Mortgages are purchased from lenders by…
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