Sentence examples for conforming loan from inspiring English sources

But the limit is higher, and can run as high as $729,750, for a so-called conforming jumbo mortgage or "expanded conforming" loan, which is available in 71 high-cost marketplaces around the country.

Has the change in conforming loan limits affected your purchase?

On the contrary, Garrett argued, he and other Republicans had wanted to "raise the capital levels, to reduce the retained portfolios, to lower the conforming loan limits".

That means that, for example, if you'd pay 5.0 percent for a smaller, conforming loan, a jumbo loan would be 5.60 percent.

These mortgages exceed the conventional "conforming" loan limit of $729,750 set by Fannie Mae and Freddie Mac, the government-owned companies.

The average interest rate for 30-year fixed-rate mortgages with "conforming" loan balances (meaning $417,500 or less) fell to 3.53 percent from 3.63 percent, while the average rate for 30-year fixed-rate jumbo loans (greater than $417,500) fell to 3.82 percent from 3.87 percent.

Those two entities can buy only "conforming" loans.

Mortgages of up to $417,000 are known as "conforming" loans.

That might seem a preposterous stance, given the government guarantee on conforming loans.

They are only for conforming loans, which reach a maximum of $729,750 in New York.

Such conforming loans carry certain credit, documentation and insurance requirements, among other factors.