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Or copy and paste this URL into your browser: http://www.moreproductsonline.com/mortgage/rss.xml Conforming Loan: A loan with a mortgage amount that does not exceed that which is eligible
for purchase by FNMA or FHLMC. All loans are considered either as conforming
or non-conforming, also known as jumbo. Conventional Loan: A mortgage loan not insured or guaranteed by the federal government.
Conversion Option: Options to convert an adjustable rate mortgage or balloon loan to a fixed
rate mortgage under specified conditions. Co-Signer: A party who signs the mortgage note along with the borrower, but who
does not own or have any interest in the title to the property.
Mortgage Definitions and Factoids
Home Mortgage Definitions 5