What’s a Non-Conforming Mortgage Loan?

If you’ve been told that a conventional loan won’t work for you, a non-conforming loan may be the solution to finance the home of your dreams. But what exactly is a non-conforming loan? Non-Conforming Loans Non-conforming loans are mortgages that do not follow the rules for government backed loan purchasers Fannie Mae and Freddie Mac. … [Read more...]