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Glossary of Terms > N > Non-Conforming Mortgage

Non-Conforming Mortgage

A mortgage that does not meet the purchase requirements of the two government-backed agencies, Fannie Mae and Freddie Mac, because it is too large, or for other reasons such as poor credit or inadequate documentation.

N Terms

Negative Amortization

Negative Amortization Cap

Negative Points

No Change Scenario

No Cost Mortgage

No Doc Loans

No Money Down Mortgage

Non-Conforming Mortgage

Note