Last Updated
:2025/11/21
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。
Sense(1)
(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)
( plural )
Quizzes for review
(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)
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conventional mortgage loan
After submitting our financial documents, we were approved for a conventional mortgage loan with a 30-year fixed rate.
See correct answer
After submitting our financial documents, we were approved for a conventional mortgage loan with a 30-year fixed rate.
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