conventional loan
These loans are not made under any government housing program and therefore are not subject to the restrictions of these programs, such as limits on loan size.
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The following dictionary definition list is provided for clarification only. Note that many definitions are not directly applicable to mortgages, loans or other financial terminology in this glossary. Used with permission: WordNet 2.1 Copyright 2005 by Princeton University. All rights reserved.
conventional
Adjective: conventional (following accepted customs and proprieties) "conventional wisdom"; "she had strayed from the path of conventional behavior"; "conventional forms of address"
Adjective: conventional, established (conforming with accepted standards) "a conventional view of the world"
Adjective: conventional ((weapons) using energy for propulsion or destruction that is not nuclear energy) "conventional warfare"; "conventional weapons"
Adjective: conventional (unimaginative and conformist) "conventional bourgeois lives"; "conventional attitudes"
Adjective: conventional, formal, schematic (represented in simplified or symbolic form)
Adjective: conventional (in accord with or being a tradition or practice accepted from the past) "a conventional church wedding with the bride in traditional white"; "the conventional handshake"
Adjective: ceremonious, conventional (rigidly formal or bound by convention) "their ceremonious greetings did not seem heartfelt"
loan
Noun: loan (the temporary provision of money (usually at interest))
Noun: loanword, loan (a word borrowed from another language; e.g. `blitz' is a German word borrowed into modern English)
Verb: lend, loan (give temporarily; let have for a limited time) "I will lend you my car"; "loan me some money"
- conventional loan -
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