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.

​ Was this Helpful? YES  NO 6 people found this helpful.

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.

​ Was this Helpful? YES  NO 4 people found this helpful.

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.

​ Was this Helpful? YES  NO 5 people found this helpful.

Show more usage examples...

Browse Definitions 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
noncompetitive bid nonconforming use