A conventional loan is one that is not
insured by a government entity.
Not exact matches
The Federal Housing Administration (FHA)-- A United States
government agency that
insures loans made
by banks and private lenders, including AAG (though it is important to note that these lenders are not
government entities).
Federal National Mortgage Association (FNMA) also know as «Fannie Mae» A
government sponsored
entity that purchases and sells conventional residential mortgages as well as those
insured by FHA or guaranteed
by VA..
Essentially, being FDIC -
insured means that your account is backed
by the Federal Deposit Insurance Corp., a
government entity, for a specified amount — typically $ 250,000, according to Ashley O'Kurley.
Contributions to an Account and the investment earnings are not guaranteed or
insured by the State of Michigan, The Michigan Department of the Treasury, the State Treasurer of Michigan, the Michigan Education Savings Program, the Federal Deposit Insurance Corporation, any other
government agency or
entity, or any of the service providers to the Michigan Education Savings Program, including, but not limited to, TIAA - CREF Tuition Financing, Inc. and Nuveen Securities, LLC.
the inherent legal right of the U.S.
Government - a sovereign national
entity under the Federal Constitution - to
insure the preservation of public order and the carrying out of governmental operations within its territorial limits,
by force if necessary.
The Federal Housing Administration (FHA)-- A United States
government agency that
insures loans made
by banks and private lenders, including AAG (though it is important to note that these lenders are not
government entities).
Conventional mortgages are home loans
insured by private companies instead of a
government entity, like VA and FHA loans.