TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

conforming mortgage loan [1 record]

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Filter results by subject field

Alphabetical list of terms

Record 1 2013-09-10

English

Subject field(s)
  • Loans
  • Real Estate
CONT

A conforming mortgage loan meets all the set out guidelines regarding mortgage loans. It should be contrasted with jumbo loans, which do not follow set out guidelines mostly due to stimulus legislation and other factors.

CONT

A conforming mortgage loan must also meet the underwriting standards of Freddie Mac and Fannie Mae. The standards include loan-to-value limits, minimum credit scores and debt-to-income guidelines.

French

Domaine(s)
  • Prêts et emprunts
  • Immobilier
CONT

Les différents types de prêts hypothécaires à taux fixes qui sont offerts comprennent prêt hypothécaire conforme, le prêt d'intérêt seulement et prêt Jumbo.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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