Non-conforming loan

id: non-conforming-loan-171-648362
title: Non-conforming loan
text: A non-conforming loan is a loan that fails to meet bank criteria for funding. Reasons include the loan amount is higher than the conforming loan limit, lack of sufficient credit, the unorthodox nature of the use of funds, or the collateral backing it. In many cases, non-conforming loans can be funded by hard money lenders, or private institutions/money. A large portion of real-estate loans are qualified as non-conforming because either the borrower's financial status or the property type does no
brand slug: wiki
category slug: encyclopedia
description:
original url: https://en.wikipedia.org/wiki/Non-conforming_loan
date created: 2004-08-26T17:58:27Z
date modified: 2024-09-01T07:08:45Z
main entity: {"identifier":"Q7048874","url":"https://www.wikidata.org/entity/Q7048874"}
image:
fields total: 13
integrity: 14

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