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Terms Beginning with N
       
       
 

Nonconforming Mortgage Loans

Financial Term

Mortgage loans that do not meet the requirements for sale to U.S. government agencies and U.S. government sponsored enterprises.

These requirements include limits on loan-to-value ratios, loan terms, loan amounts, down payments, borrower credit worthiness and other requirements.

   
     

Nonconforming Mortgage Loans

Financial Term

Mortgage loans that do not meet the requirements for sale to U.S. government agencies and U.S. government sponsored enterprises.

These requirements include limits on loan-to-value ratios, loan terms, loan amounts, down payments, borrower credit worthiness and other requirements.

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