Non Conforming

Private Loans

A non-conforming loan is a loan that fails to meet bank criteria for funding. Reasons include the loan amount is higher than the conforming loan limit (for mortgage loans), and lack of sufficient credit. Other examples of this type of loan would be Foreign Nationals. Borrowers that may have credit issues or those that may need a bridge type loan. Closing on these types of loans can take place quicker than others. 

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