- conventional loan
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conventional loan see loan
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
conventional loan
Look at other dictionaries:
conventional loan — U.S. a mortgage loan that is not insured by a government agency … Useful english dictionary
conventional loan — Real estate loan (usually from bank or savings and loan association) not involving government participation by way of insurance (FHA) or guarantee (VA) … Black's law dictionary
conventional loan — Real estate loan (usually from bank or savings and loan association) not involving government participation by way of insurance (FHA) or guarantee (VA) … Black's law dictionary
loan — A lending. Delivery by one party to and receipt by another party of sum of money upon agreement, express or implied, to repay it with or without interest. Boerner v. Colwell Co., 21 Cal.Sd 37, 145 Cal.Rptr. 380, 384, 577 P.2d 200. Anything… … Black's law dictionary
loan — A lending. Delivery by one party to and receipt by another party of sum of money upon agreement, express or implied, to repay it with or without interest. Boerner v. Colwell Co., 21 Cal.Sd 37, 145 Cal.Rptr. 380, 384, 577 P.2d 200. Anything… … Black's law dictionary
Loan modification in the United States — Loan modification, the systematic alteration of contactual mortgage loan agreements, has been practiced in the United States since the 1930s. During the Great Depression loan modification programs took place at the state level in an effort to… … Wikipedia
conventional mortgage — A mortgage loan based solely upon the value of the mortgaged real estate and the creditworthiness of the borrower. A mortgage loan without insurance or guarantees from a government agency. American Banker Glossary A loan based on the credit of… … Financial and business terms
conventional mortgage loan — noun A fixed or adjustable rate, fully amortized loan secured by a mortgage or deed of trust that is not insured or guaranteed by an agency of the federal government (such as FHA or VA). (Source: Office of Thrift Supervision [ … Wiktionary
Conventional mortgage — A loan based on the credit of the borrower and on the collateral for the mortgage. The New York Times Financial Glossary … Financial and business terms
Conforming loan — In the United States, a conforming loan is a mortgage loan that conforms to GSE guidelines.[1] In general, any loan which does not meet guidelines is a non conforming loan. A loan which does not meet guidelines specifically because the loan… … Wikipedia
