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Are conventional loans backed by Fannie Mae?
+1
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asked
Oct 13, 2017
in
Real Estate - Renting
by
Dallas J
(
240
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Are conventional loans backed by Fannie Mae?
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1 Answer
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answered
Oct 13, 2017
by
voleexport
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450
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Most conventional loans are referred to as a conforming mortgage that are eligible for purchase by Fannie Mae.
In the United States a Conforming loan is a Mortgage that conforms to GSE guidelines.
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