InvestorWords.com

conventional mortgage


Definitions (2)

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

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


Related Videos




Search for another term


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