Definitions
conventional mortgage loan Tweet Definition of conventional mortgage loan Like Definition of conventional mortgage loan on Facebook
noun 
  1. A fixed- or adjustable-rate, fully amortized loan secured by a mortgage or deed of trust that is not insured or guaranteed by an agency of the federal government (such as FHA or VA). (Source: Office of Thrift Supervision http://www.ots.treas.gov/glossary/gloss-c.html)

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