However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. Conforming loans conform to Fannie Mae or Freddie Mac guidelines. Non-conforming loans don't.

Most borrowers get conforming mortgages. You may qualify for a conventional mortgage if you have a good credit score, among other factors. One of the first decisions you'll make when shopping for ...

Conventional loans are mortgages that aren’t guaranteed or insured by the U.S. government. They’re the most popular kind of ...

Conforming conventional mortgages require a good credit score (nothing lower than 620) and enough cash on hand for at least a 3% down payment and additional savings to pay closing costs.

That's why Fannie Mae and Freddie Mac mortgages are called conforming loans. "The key differences between the two are subtle. Fannie Mae typically focuses on working with larger commercial banks ...

The Federal Housing Finance Agency (FHFA) sets caps on mortgages that the government will guarantee. The conforming loan limit in most areas in 2025 is $806,500 for a single-family home.

Jumbo and conventional mortgages are two types of financing borrowers use to purchase homes. Both loans require homeowners to meet certain eligibility requirements, including minimum credit scores ...

Last week. 7.04%. The Freddie Mac Primary Mortgage Market Survey (PMMS) reflects rates for first-lien, conventional, conforming purchase mortgages with a loan-to-value (LTV) ratio greater than 75 ...