Last Updated:2025/11/20
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After submitting our financial documents, we were approved for a conventional mortgage loan with a 30-year fixed rate.
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After submitting our financial documents, we were approved for a conventional mortgage loan with a 30-year fixed rate.
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Related words
conventional mortgage loan
Noun
US
(US,
finance)
A
fixed-
or
adjustable-rate,
fully
amortized
loan
secured
by
a
mortgage
or
deed
of
trust
that
is
not
insured
or
guaranteed
by
an
agency
of
the
federal
government
(such
as
FHA
or
VA).
(Source:
Office
of
Thrift
Supervision
https://web.archive.org/web/20060618191009/http://www.ots.treas.gov/glossary/gloss-c.html)
Japanese Meaning
連邦政府の保険や保証を受けていない、固定金利または変動金利で全額償却される、抵当権または信託証書によって担保された住宅ローン。
Related Words
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