Non-conforming loan
Non-conforming loan
A non-conforming loan is a debt arrangement that doesn't meet certain defined standards. Most often the term is used in reference to mortgages; a non-conforming mortgage doesn't meet federal standards that qualify a loan for repurchase or guarantee by Fannie Mae and Freddie Mac.
National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed |
|
| 15 yr fixed |
|
| 5/1 ARM | 3.76 |
Rates may contain points