What is the difference between a conforming loan and a portfolio loan when it comes to real estate?

English

1 answer:

miss Akunina [59]3 years ago

5 0

Answer:

A conforming loan is one that meets the standards described throughout this section. A conventional loan is one that isn't insured or guaranteed by the government. Fannie Mae and Freddie Mac purchase mortgages, but the government doesn't explicitly guarantee them.

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