Subprime Loan

  • 2 Posts
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  • 1 Types
January 1, 1 6 min read Definitions
Nonconforming Loan
Nonconforming Loan FNMA FHLMC Jumbo Mortgage Subprime Loan Interest Rate Discount Points
A nonconforming loan is a loan that does not meet the standards of, or is too large to be purchased by, Fannie Mae (FNMA) or Freddie Mac (FHLMC).
Read more about Nonconforming Loan.
January 1, 1 6 min read Definitions
Subprime Loan
Subprime Loan Credit Score Mortgage Loan-to-Value Ratio Interest Rates Real Estate Finance High-Risk Borrowers
A subprime loan is a type of loan offered to individuals with less-than-perfect credit ratings. These loans typically carry higher interest rates and stricter lending terms as compared to standard mortgage loans.
Read more about Subprime Loan.

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