Question: Conventional loans: Include subprime loans, jumbo loans, and adjustable - rate mortgages ( ARMs ) . Do NOT conform to the standard underwriting guidelines of
Conventional loans:
Include subprime loans, jumbo loans, and adjustablerate mortgages ARMs
Do NOT conform to the standard underwriting guidelines of Fannie Mae or Freddie Mac.
Are NOT insured by a government agency.
None of these.
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