![]() The role of Fannie Mae and Freddie Macis to provide liquidity in the mortgage markets. This is why conventional loans are often referred to as conforming loans.įannie Mae and Freddie Mac will not purchase any loans that do not conform to their agency mortgage guidelines. Fannie Mae and Freddie Mac only buy loans that conform to their agency mortgage guidelines. Fannie Mae and Freddie Mac are the two mortgage giants that are the biggest buyers of mortgage loans on the secondary mortgage market. However, lenders make sure all conventional loans they originate and fund meet Fannie Mae and/or Freddie Mac Agency Guidelines. They are not insured and/or guaranteed by any government agency like FHA, VA, USDA loans. This Article Is About Fannie Mae And Freddie Mac Guidelines On Conventional Loansįannie Mae And Freddie Mac Guidelines: Conventional loans are not government-backed mortgages.
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