conventional mortgage


Definition 1
A mortgage in which the interest rate does not change during the entire term of the loan. also called Fixed-Rate Mortgage (FRM).

Definition 2
A mortgage that is not insured or guaranteed by the government, as opposed to a government mortgage.

Related Terms on BusinessDictionary

Related Personal Finance Articles

Loading...

conventional mortgage in the news

Loading...

conventional mortgage is ...

... part of the Lending & Credit and Real Estate subjects.

Search volume for conventional mortgage

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z