Law Dictionary

To search for a particular term please use the following search box.

non-conforming loan

A loan that does not conform to Federal National Mortgage Association (FNMA) or Federal Home Loan Mortgage Corporation (FHLMC) guidelines. Jumbo loans are nonconforming. See also: conforming loan.

Source : Ginnie Mae - Government National Mortgage Association - GNMA

Language : English

Return

Return to Law Dictionary Index