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How can I apply for a conventional mortgage?

Question: What does applying for a conventional loan mean? Is it a federally-insured loan? Can you get a conventional loan when you first buy a home and when you refinance? Answer: “Conventional– loans are mortgages that meet certain standards established by big loan buyers such as Fannie Mae and Freddie Mac. Fannie Mae and Freddie [...]

3Sep2008 | | 0 comments | Continued