单词 | prime conforming |
释义 | prime conformingDefinition A division of mortgage lending available to those with a high credit score where the value of the mortgage is equal to or less than the total for a conforming loan established by the Office of Federal Housing Enterprise Oversight (OFHEO). Prime conforming products feature interest rates that are significantly lower than the average and often the lowest available outside promotional rates offered through non-conforming loans. |
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