non-conforming loan


Loan which does not meet the standards of the lender. opposite of conforming loan.

Use non-conforming loan in a sentence

You should try and see if taking out a non-conforming loan would be a better way to get some quick cash.

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We could not get a house because the loan that we would require would have been a non-conforming loan, so the bank denied us.

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The prospective entrepreneur visited many banks in an attempt to obtain a non-conforming loan, but the institutions were reluctant to bend their standard terms when lending money.

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