Do you know what lenders mean when they say a "Conventional Conforming" loan... or is it like a foreign language to you? Conforming loans are mortgages that conform to financing limits set by the Federal Housing Finance Agency, also known as FHFA, and they meet underwriting guidelines set by Fannie Mae and Freddie Mac… the quasi-government agencies that buy loans from banks.
“Conforming” loan limits are determined by...
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Track: Special Days — JayJen [Audio Library Release]
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