conforming

listen to the pronunciation of conforming
Englisch - Englisch
Of or pertaining to conformity

He's trying to get a conforming loan.

Present participle of conform
adhering to established customs or doctrines (especially in religion)
A mortgage that conforms to statistical norms as far as loan amount The present cut-of for conforming loans is $300,700 00 This term is also used to denote an "A" paper loan as opposed to a "B" paper loan (good - excellent credit)
{s} in accordance; complying
In mortgage lending, a loan that conforms to the guidelines set forth by Fannie Mae or Freddie Mac is said to be conforming Back to Top
Refers to loans which adhere to the Federal National Mortgage Association and Federal Home Loan Mortgage Corporation guidelines & limitations
A mortgage loan that conforms to regulatory limits such as loan-to-value ratio, term and other characteristics
Complying with the requirements of a certain statute, by-law or organization
Conforming loans refer to loan amounts that conform to government service standards as determined by Fannie Mae & Freddie Mac (the original government agencies, set up in the early 1940's, established to help people finance new homes) Conforming loans range in amount form $1 to $227,150 Although not all conforming loans are serviced by these government agencies, the mortgage industry has adopted the term to express loan amounts in this range
correspondent
conform
Act in accordance of expectations; act like others
conform
{v} to comply, yield, adapt, suit
conform
{a} conformable, agreeable, similar
conform
To be in accordance with a set of specifications
conform
Of the same form; similar in import; conformable
conform
To be in accord or harmony; to comply; to be obedient; to submit; with to or with
conform
If someone or something conforms to a pattern or type, they are very similar to it. I am well aware that we all conform to one stereotype or another
conform
{f} become similar, fit, match; be in harmony, comply, act in accordance with prevailing norms or standards
conform
Arawas
conform
If you conform, you behave in the way that you are expected or supposed to behave. Many children who can't or don't conform are often bullied He did not feel obliged to conform to the rules that applied to ordinary men rebel
conform
To match the original film to the final edited workprint
conform
In the Objective-C language, a class is said to conform to a protocol if it adopts the protocol or inherits from a class that adopts it An instance conforms to a protocol if its class does Thus, an instance that conforms to a protocol can perform any of the instance methods declared in the protocol
conform
To comply with the usages of the Established Church; to be a conformist
conform
adapt or conform oneself to new or different conditions; "We must adjust to the bad economic situation"
conform
be similar, be in line with
conform
To shape in accordance with; to make like; to bring into harmony or agreement with; usually with to or unto
conform
If something conforms to something such as a law or someone's wishes, it is of the required type or quality. The Night Rider lamp has been designed to conform to new British Standard safety requirements
non-conforming
Use A property which does not conform to the zoning of the area
non-conforming
A mortgage loan that does not conform to regulatory limits such as loan-to-value ratio, term and other characteristics
non-conforming
A product outside manufacturing limits but not necessarily defective
non-conforming
A mortgage loan that does not conform to regulatory limits such as loan-to ratio value, term and other characteristics
non-conforming
geared toward people with less than desirable credit (BCD), these loans have different underwriting criteria and each Lender's guidelines should be studied for instance, a loan may require two appraisals by two different appraisers
non-conforming
Non-Conforming loans are those that need special consideration These are usually loan types or applicants that do not fall under the guidelines of FNMA or FHLMC For example: The normal loan amount is $240,000 or less, if a JUMBO loan is requested for more than that amount it is non-conforming Or, in the case of a higher LTV the norm is 75% to 80% LTV if you want an LTV higher than the norm it is non-conforming If a customer does not qualify under FNMA or FHLMC standards there are other non-conforming loan types in which they may qualify For example: If the borrower cannot prove his or her income and needs to go with a no-income qualifier program it is non-conforming
non-conforming
These are loans that don't meet normal conventional, FHA or VA guidelines Examples of non-conforming loans are for borrowers with less than perfect credit, excessive debt to income, or maybe the property is a bit out of the ordinary Non-conforming credit conditions usually qualify, but for higher interest rates and more money down at time of closing if you are purchasing
conforming
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