A type of loan that does not meet the guidelines of GSEs, such as Fannie Mae and Freddie Mac and, therefore, cannot be sold to them. Non-conforming loans tend to be offered by private entities lenders.
« Back to Glossary IndexA type of loan that does not meet the guidelines of GSEs, such as Fannie Mae and Freddie Mac and, therefore, cannot be sold to them. Non-conforming loans tend to be offered by private entities lenders.
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