Difference Between Conforming and Non-Conforming Loans



You may have have heard of Conforming and Non-Conforming loans before. Both the loans help you purchase a home that you are interested in. Many people get confused by the terms conventional and conforming. However, there are some important differences between these two categories of loans. This article will help you learn the important parameters that you need to know for understanding the difference.
Read here about the differences : 
https://www.drewmortgage.com/conforming-vs-non-conforming-loans-difference/

Comments

Post a Comment

Popular posts from this blog

Mortgage Prequalification Vs Mortgage Preapproval

Image
Many people have to go through a process of prequalification and preapproval when they are ready to buy a home. However, they often get confused between these terms. Check this blog by Drew Mortgage Associates, one of the best Massachusetts Mortgage Companies , to understand Mortgage Preapprovals Vs Mortgage Prequalifications better. Read now!  
Read more

Mortgage Fraud: Everything You Need To Know

Image
Mortgage fraud is a major issue in the United States. It is a type of fraud that occurs when a mortgage application contains inaccurate or misleading information. It involves misrepresenting the borrower’s income, assets, liabilities, or employment status to qualify for a loan. Check out this blog by Drew Mortgage, one of the best mortgage lenders in Massachusetts , to learn more.
Read more

Mortgage Fraud: Everything You Need To Know

Image
Mortgage fraud is a type of financial fraud that involves obtaining loans, mortgages, and other types of credit by lying about one's income, assets, and employment status. In this blog, Drew Mortgage Associates, mortgage lenders in Massachusetts , have explained mortgage fraud in detail and shared some tips to avoid it.
Read more