Conforming Mortgage Loan
Conforming Mortgage Loan. Means a conventional first-priority Single-family Loan (including an Agency-Eligible Forty Year Loan) that is either (i) FHA insured, (ii) VA guaranteed, (iii) guaranteed or provided under the USDA Rural Development program, (iv) eligible for sale to an Approved Investor in conjunction with a state or municipal housing bond program, or (v) a conventional mortgage loan that fully conforms to all Agency underwriting and other requirements, excluding expanded criteria loans as defined under any...
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NVR Inc contract