Non-conforming loans are mortgages that aren't eligible for sale to Fannie Mae and Freddie Mac, the two government-sponsored enterprises that back much of the U.S. mortgage market. Often, a mortgage ...

Buying a new home is one of the most exciting events in your adult life, but it also comes with an entirely new set of vocabulary words to learn. It’s not uncommon to come across the terms conforming ...

FICO today announced that more than 40 lenders have now joined the FICO® Score 10T Adopter Program for non-conforming ...

CNN — Home prices across the US have seen stratospheric increases within the past year as demand for homes spiked and inventory tanked. And those higher prices have pushed mortgage giants Fannie Mae ...

The conforming loan limit is the maximum amount of money a homebuyer can borrow using a conventional mortgage that’s eligible for purchase by Fannie Mae and Freddie Mac. The Federal Housing Finance ...

As home prices keep rising, so do conforming loan limits, the number that distinguishes the most common loan types from jumbo loans. These limits vary from year to year and by geographic area. The ...

If you're ready to buy a home and want a regular or government-backed mortgage, it must be within conforming loan limits. You'll need a jumbo loan for properties that exceed conforming loan limits.