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Sub-Prime Mortgage Loan - How Sub-Prime Loans Differ From Conventional Loans
By Team iBizExpert On February 15, 2022 02:17 AM
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Conventional mortgage loans are less flexible than sub-prime mortgage loans. Conventional loans have strict rules about loan amounts, terms, and PMI requirements. These rules are set by Freddie Mac and Fannie Mae. With subprime mortgages, if the...
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